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Latest News in Banking
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June 08, 2026
More than 200 crypto firms and industry groups are urging Senate leaders to set a full vote for the crypto market structure bill the Clarity Act.
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June 08, 2026
Subprime auto lender Credit Acceptance Corp. and New York's attorney general are closer to settling the rest of an enforcement lawsuit the Consumer Financial Protection Bureau dropped out of last year, according to New York federal court filings.
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June 08, 2026
A Barclays entity lacked a fixed establishment in the U.K. because its British branch was "skeletal" when the Delaware-based company applied for value-added tax grouping, a London tribunal ruled Monday.
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June 08, 2026
First Carolina Financial Services Inc., a community bank with branches in four southeastern states, said Monday that it plans to offer 5.5 million shares at a price range of $14 to $16 in an initial public offering steered by Skadden Arps Slate Meagher & Flom LLP and Troutman Pepper Locke LLP.
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June 08, 2026
An advertising industry self-regulatory body said Monday that it's referring Kalshi Inc. to regulators "for review and possible enforcement action" after the prediction market platform allegedly declined to answer an inquiry into whether it took steps to ensure its online promoters disclosed their ties to the firm when boosting it on social media.
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