One of Chase Sapphire Reserve®‘s marquee benefits — and a key way to justify a hefty card 795 dollars annual fee — is his annual dining bill. NerdWallet rating NerdWallet ratings are determined by our editorial team. The scoring formula takes into account the type of card being reviewed (such as cash back, travel or […]
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Wealth managers are entering a more competitive phase as client expectations rise and behaviors evolve, increasing pressure on firms to demonstrate clear value and strengthen relationships, he notes. EY Global Asset Management Report 2026. Among the highlights of the report: Highlighting the increasingly intense competition for client share of wallet, 45% of wealthy clients plan […]
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In a joint letter to Senate leaders, the American Bankers Association, the Independent Community Bankers of America and 76 state associations representing thousands of community financial institutions across the US expressed genuine concern about the Clarity Act and called for targeted changes to ensure greater certainty that stablecoins cannot function as a substitute for bank […]
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The business of banking relationships with athletes and athletic teams and related businesses continues to turn into vast and diverse opportunities (see recent related articles here, here and here). City National Bank, based in California, was a leader in the field. CNB’s Charles Frazier, senior vice president and head of the entertainment and sports banking […]
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The Small Business Optimism Index it rose 2.1 points in June to 97.4, slightly below the 52-year survey average of 98.0, beating expectations of 95.8, according to a report from the National Federation of Independent Business. The gain reversed May’s decline to 95.3 and was driven primarily by improved expectations for better business conditions and […]
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According to data from the Bureau of Labor Statistics, the main consumer price index rose 3.5% year-on-year in June, below market expectations of 3.8%. Headline inflation also eased from 4.2% in May, with the decline largely driven by falling energy prices, which fell 5.7% month-on-month from their peak in May. Core CPI, excluding volatile food […]
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We believe that everyone should be able to make financial decisions with confidence. While we don’t cover every company or financial product on the market, we work hard to share a wide range of offerings and objective editorial perspectives. So how do we make money? Our partners pay us a fee for advertisements that appear […]
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In his first appearance before Congress as head of the Federal Reserve, Chairman Kevin Warsh emphasized the need for tailored bank regulation and said that while international coordination of banking standards is important, “the Basel end is not the American end.” Warsh appeared before the House Financial Services Committee today in the first of two […]
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First Gothenburg Bancshares of Gothenburg, Nebraska, has agreed to acquire Foundation First of Waterloo, Nebraska. The parent company of Dayspring Bank, with assets of $1.2 billion, expects to buy the holding company for Foundation First Bank, with assets of $200.9 million, in the second half of this year. The price has not been announced. Agricultural […]
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While the American Bankers Association supports the responsible management of federal financial aid, any changes to how that aid is distributed should preserve the operational effectiveness of the Financial Institutions Community Development Fund for financial institutions, the ABA said in letter to the Office of Management and Budget. OMB seeks to revise guidelines for how […]
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