The KBW Nasdaq Bank Index is down more than 7% year to date. Analysts blame confusion caused by President Trump’s evolving tariff policies and heightened worries about an economic downturn that could hurt banks’ credit quality. https://lnkd.in/gh27Bqd6
American Banker
Online Audio and Video Media
New York, New York 198,787 followers
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
About us
American Banker, an Arizent brand, is the banking industry's most powerful information resource providing analysis, insight and perspective on the business of banking. American Banker covers the people, trends, regulations and technologies driving the industry, helping readers keep pace with changes and opportunities in the marketplace. Executives and industry influencers also engage via American Banker's online and live conferences and seminars.
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http://www.americanbanker.com
External link for American Banker
- Industry
- Online Audio and Video Media
- Company size
- 201-500 employees
- Headquarters
- New York, New York
- Type
- Privately Held
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Primary
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One State Street Plaza
27th Floor
New York, New York 10004, US
Employees at American Banker
Updates
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Bipartisan legislation before Congress would create sensible regulation for stablecoins, opening a path to cementing the U.S. dollar’s status as the world’s most important currency, writes Dante Disparte, of Circle, in American Banker’s BankThink.https://bit.ly/3R1BhLy
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American Banker reposted this
Are you a hardcore, ambitious banker or financial executive 40 or under? Do you work with or for a woman like this? Nominations are now open for American Banker's NEXT list of the Most Powerful Women in Banking and Finance. This is our marquee award for rising stars in the financial services industry, so let us know which women we should consider. #MPWIB
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American Banker reposted this
Blockbuster of a hearing today on the CFPB. Adam Martinez testified about the chaotic days after DOGE descended on the agency and his worries at the time, despite his earlier sworn declaration to the court that the transition was business as usual https://lnkd.in/e4st8TJR
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It's the business model, stupid. New research on the failures of Silicon Valley Bank and other banks in the Spring of 2023 finds that those banks' business models, which were focused on services venture capitalists and crypto firms, were bigger factors than their unrealized losses and uninsured deposits. The white paper from Steven Kelly and Jonathan Rose makes the case that the prevailing narrative about the failure of SVB is flawed and understanding the nuances of what happened two years ago is critical to making the right policy adjustments today. Read all about it in my latest for American Banker. https://lnkd.in/eAEhvY86
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Dozens of career civil servants have left the Consumer Financial Protection Bureau amid the confusion of whether the agency will survive and be downsized under the Trump administration. #DOGE #cfpb #banks #bankingsector https://lnkd.in/g8yhkWKb
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For 23 years, American Banker's The Most Powerful Women in Banking rankings have been celebrating top-performing senior executives. We now invite you to nominate the up-and-coming women in your bank or financial institution. Applications for Most Powerful Women in Banking and Finance NEXT are now being accepted. This award is meant to recognize high-achieving women in the talent pipeline, bringing more visibility to those on a path to become the C-suite leaders of tomorrow. A group of 25 women, 40 years of age and younger, will be selected and ranked based on accomplishments and influence that set them apart from their peers.
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American Banker reposted this
NEW FROM ME: Before the quashing of diversity, equity and inclusion taking place across large swaths of corporate America, big U.S. banks talked freely and frequently about their DEI initiatives, saying they were pushing for change both inside their companies and in the communities they serve. But the Trump administration's recent onslaught against DEI policies and practices — including an executive order in January that repeatedly refers to DEI as "illegal" — has led several large and regional banks to rethink their public stances, in part to avoid getting caught up in the crosshairs. As American Banker previously reported, all you have to do is take a look at big banks' latest annual reports, in which DEI references by and large have been scrubbed or rewritten. And if, like me, you've been following big banks' support for minority banks (which has largely come in the form of equity capital and deposits) you might wonder: Could big banks eventually pull their support for minority banks? Some in the sector say the administration's posture and the related possibility of being sued over DEI programs are already having a chilling effect. Full story 👇