Italy's biggest bank Intesa Sanpaolo on Thursday said it had completed the cloud migration of its core IT systems, ​joining a ...

The Full Mutual Reliance Framework (FMRF) is a landmark collaboration between the World Bank and the Asian Development Bank, designed to deepen the two institutions’ collaboration on cofinanced public ...

Legacy core banking systems are becoming a competitive liability. Phased modernization enables greater agility, lower costs, ...

Financial institutions can modernize core banking through phased, modular migration strategies that reduce risk, preserve ...

Financial regulation "cliffs," such as the one imposed by the Durbin Amendment, create terrible incentives. Congress should step in and reform the various measures that rely on such imprecise triggers ...

Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Clearing House, according to the Wall Street Journal.

Three forces – spreads, speed and optimization – are reshaping how banks think about liquidity, and together they mark a shift from passive defense to active balance sheet management. Regulators are ...

Supervisory ratings for large banks climbed as a result of the Federal Reserve's new oversight framework. Roughly 80% of large financial institutions — those with more than $100 billion of assets — ...

Kevin Warsh has made his first two hires after his swearing-in as Federal Reserve chair last month, according to a person familiar with the matter. The two men, Paul Winfree and Daniel Heil, are ...

SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (the “Company”) through its wholly-owned banking subsidiary, Community Bank, N.A., is pleased to announce the completion ...

Prudential Financial Inc.’s asset-management arm has financed about $4 billion of land-banking projects through a partnership with Domain Real Estate Partners, part of a push to gain exposure to the ...