Episode Details

Bank News: Brazil’s Itau Unibanco Holding gets OCC conditional approval for a U.S. bank charter. Old Glory Bank is forced to scrap merger with SPAC. Flagstar Banks goes with Fiserv ‘s Finxact on new cloud-native core system. The SEC charged an ex-Bank of America Banker with insider trading. SouthPoint Bancshares is in trouble with the Federal Reserve and Alabama State Banking Department. CFTC bans ex-FTX execs Caroline Ellison and Gary Wang from trading for only five years. Democrats introduce anti-corruption bill because Trump backed World Liberty received a conditional bank charter. The OCC’s Jonathan Gould had some interesting comments at a blockchain symposium. SEC proposes crypto rules because The Clarity Act is stalled in the Senate. Bankers are seeking a clearer definition of ‘material financial risk’ in proposed CAMELS changes. This episode reviewed multiple articles from Banking Dive.