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Financial institutions news from around the web: March 10 – 14, 2025
Written on Mar 13, 2025
The banking industry wants a federal appeals court review in New York’s case against Citibank, arguing that a judge has injected uncertainty into the wire transfer market.
The industry increased its hiring of governance and ethical use professionals last year, according to Evident Insights.
The regulator’s board voted March 3 to scrap four Biden-era proposed rules and a policy that applied greater scrutiny to bank mergers.
A report shows a third of small and mid-sized businesses are turning to community banks and credit unions for their localized service.