Best places to work in fintech; watch Tim Mayopoulos on SVB's resolution
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Best Places to Work in Fintech 2023: The 50 companies that made American Banker's annual list share insights into what makes their workplace culture enticing for potential new hires and current staff members.
Read more in tech: Ripple begins work on a cross-border network for digital assets.
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CFPB enforcement actions plummet under Chopra: The Consumer Financial Protection Bureau issued only 20 enforcement actions in 2022, but some observers say the enforcement numbers belie the results that director Rohit Chopra is getting from pressuring other ways of holding companies accountable.
Central Bancshares to expand in Illinois with acquisition: The parent of the $1.1 billion-asset CBI Bank & Trust said it would buy McLaughlin Holding and its SENB Bank unit.
Unionized employees of TruStage put strike on hold: Workers at the former CUNA Mutual Group in Madison, Wisconsin, returned to work after securing tentative agreements on two of their five key demands.
Anatomy of a bank failure and resolution: Silicon Valley Bank. When Silicon Valley Bank failed, the FDIC brought in veteran turnaround exec Timothy J. Mayopoulos to handle the resolution. Previously the President and CEO of Fannie Mae, Mayopoulos stepped into the middle of the 2023 banking crisis. He sat down with American Banker Editor-in-Chief Chana Schoenberger to discuss what happened to SVB before and after its failure, how to prevent bank runs, and what bankers can learn from the fast-moving, social-media-fueled crisis.
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