Banking Dive - Latest News

The federal government “will be looking into” banks’ actions following last year’s fires, the president said in a social media post Thursday. "The Banks must treat those people … very fairly and well."

The central bank’s inspector general “has been asked to scrutinize” Fed renovations. But a U.S. attorney said she “would not hesitate to restart” the probe if necessary.

Corporations adopt faster digital payments based on their priorities and the rise of digital assets, an HSBC payments executive said.

The regional bank is pruning some investments in hiring and technology amid a tighter focus on controlling cost increases, its CFO said.

The reductions at the acquired bank’s Colorado headquarters are designed to stem “overlap.” PNC, in a statement, touted the Denver market as a strong, strategic talent base for technology at the bank.