Jim Dobbs

Angela Mago, Key's head of commercial banking since 2019, is now the company's chief human resources officer.

Shifting from earlier plans, the FDIC has established a special committee to investigate allegations of harassment and a toxic workplace culture at the agency. It will be led by directors Jonathan McKernan and Michael Hsu and may include as many as three nonvoting members from outside the agency.

New iterations of tools powered by advanced artificial intelligence will aid banks in generating new value for customers, but the lack of regulatory guidance in this area hinders deeper adoption of the technology, panelists and attendees at The Clearing House's conference said last week.

Enjoy complimentary access to top ideas and insights — selected by our editors. OneMain Financial expects its pending $115 million acquisition of Foursight Capital to close in the first half of next year.

FinTech Forward includes in-depth analysis and annual rankings of the top technology providers to financial services companies worldwide.

First Busey in Champaign, Illinois, has agreed to buy in-state peer Merchants and Manufacturers Bank Corp. for $41.6 million in cash and stock.

A Bloomberg spokesperson said the discontinuation of BSBY, which lagged in the race to succeed the defunct Libor rate, was the result of the "limited" commercial opportunities.

The pressures and frustrations of daily work lose some of their ability to aggravate when you consider how much real choice you have in the matter.

Rohit Chopra, director of the Consumer Financial Protection Bureau, defended the agency's proposal to prevent credit bureaus from considering medical

Nathan Howard/Bloomberg WASHINGTON — The Federal Deposit Insurance Corp. announced Tuesday that two European financial regulatory veterans