Itaú Unibanco US Charter Signals Shift in Cross-Border Wealth Management
Latin America’s largest bank has secured conditional approval for a US national bank charter, marking a strategic pivot toward capturing the high-net-worth segment in Miami.
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Latin America’s largest bank has secured conditional approval for a US national bank charter, marking a strategic pivot toward capturing the high-net-worth segment in Miami.
The FDIC is considering an industry-led body to certify fintechs, a move that could standardize risk management and lower the compliance burden for bank partnerships.
The Office of the Comptroller of the Currency's conditional bank charter approval for the Trump-linked crypto venture signals a dramatic shift in federal regulatory posture toward digital assets, opening a highly politicized pathway to federal banking rails.
The Federal Deposit Insurance Corp. is working to launch an independent standards committee to certify bank-fintech partnerships, a move that could permanently alter the unit economics of the bank-as-a-service sector.
A recent intelligence assessment highlights a precarious Russian banking sector with up to 10% of corporate loans and 15% of retail loans at major banks likely non-performing, signaling systemic financial risks.