Tag: #banking

Federal Reserve Lifts Asset Cap on Wells Fargo, Signaling a Major Recovery Milestone

Wells Fargo's recovery progresses as the Fed lifts the asset cap, allowing it to pursue growth strategies and expand its market share.

#wellsfargo, #federalreserve, #banking, #finance

Chime Financial Targets $9.47 Billion Valuation in Landmark IPO

Chime Financial seeks $832M in Nasdaq IPO, marking the largest U.S. listing post-tariff era.

#chime, #ipo, #fintech, #markets, #banking

Bank of England Considers Reforming Ring-Fencing Regulations Amidst Industry Debate

BoE plans to adjust UK banking ring-fencing rules to balance growth and stability, sparking industry debate.

#banking, #ringfencing, #financialregulations, #boe, #ukeconomy

Global Bank Regulators Prioritize Climate Risks Amid U.S. Divergence

Basel Committee advances climate risk framework while U.S. scales back initiatives.

#climatechange, #banking, #baselcommittee, #regulation

Capital One to Acquire Discover Financial Services in Landmark $35.3 Billion Deal

Capital One's $35B acquisition of Discover, approved by U.S. regulators, to become top U.S. credit card issuer.

#capitalone, #discover, #banking, #merger, #creditcards