International banking

Will climate change spur crisis?; OCC, FDIC go it alone on CRA overhaul


Bank for International Settlements report says central banks don't have tools to handle climate change; banks could face different CRA rules.


Santander CEO's growth plan: Challenge fintechs, emphasize global ties


New CEO Tim Wennes is counting on soon-to-launch digital offerings to boost consumer loans and deposits and playing up Santander's international reach in a bid to win over middle-market and corporate clients.


Santander's Botin says distrust of bankers still fuels populism


Banco Santander Chairman Ana Botin said that more than a decade after the financial crisis, bankers and other elites remain distrusted around the world, and "as a result, political populism is ascendant."


Four U.S. regulators join global innovation network


The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Commodity Futures Trading Commission, and the Securities and Exchange Commision announced Thursday they had joined the Global Financial Innovation Network.


Bank earnings season begins; more payments companies quit Facebook’s Libra


Consumer banking is expected to offset the banks’ underperforming Wall Street units; the defections of Visa, Mastercard and Stripe threaten the cyrpto project’s viability before it starts.


Citigroup's Mary McNiff: The No. 1 Woman to Watch


McNiff, American Banker's No. 1 Woman to Watch for 2019, was promoted to the CEO role in April following the retirement of Barbara Desoer.


TD Bank took Epstein money after Deutsche Bank kicked him out


After another global bank cut off convicted pedophile Jeffrey Epstein, his wealth found a home at Toronto-Dominion Bank.


Fully automated compliance is big hurdle for this fintech's APIs


Synapse is working to refine its application programming interfaces to meet know-your-customer and other complex requirements, but it's a tall order, the head of the back-office-services platform says.


Why U.S. consumers are less willing to embrace fintechs


In a study of 27 global markets, the U.S. ranked near the bottom for consumer use of fintech, raising questions about why Americans appear reluctant to dive in.


Ex-Im Bank finally has quorum to back big loans


The Senate has confirmed a new president and two board members, giving the U.S. Export-Import Bank the ability to approve loan guarantees of more than $10 million for the first time since 2015.