Monday, February 2, 2026
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New York

Banking

Metropolitan Capital Bank closed in Illinois

Illinois regulators on Friday closed Metropolitan Capital Bank & Trust in Chicago and appointed the FDIC as receiver. First Independence Bank in Detroit...

Wealth Management Industry Awards Guide and Tips

Join David Armstrong, Director of Editorial Strategy and Operations for the Wealth Management Group, and Tim Welsh, President of Nexus Strategy, as they...
Demo

Weekly Roundup: Octa Entity to Launch New Broker; XTB’s CFD Era Fades

Octa plans new broker launchOcta is preparing for a major reset of its global identity. The broker will...

Fintech Urgently Needs More Male Allies: 15 Leaders Taking Real Action

Fintech continues to wrestle with gaps in pay, progression and representation, despite years of conversation around inclusion.Nadia Edwards-Dashti,...

How to leverage back-office readiness through AI

  How prepared are payments firms for the upcoming FCA’s 7 May safeguarding deadline, and...

Lawsuit calls out AI hiring practices that many banks use

Key insight: The use of AI to screen job candidates, a common practice among banks and other companies,...

Ex-TD employee pleads guilty to helping move $26M to Colombia

Key insight: The guilty plea means that at least three former employees of the bank have admitted to...

Consumer sentiment rose in January

The University of Michigan Consumer Sentiment Index increased 6.6% in January compared to the month prior, landing at...

Farther Recruits $160M Michigan Team From Dynamic

The self-described technology-centric wealth management firm Farther has added Crooked Tree Capital Advisors, a team of advisors in Petoskey,...

Prop Trading Meets the Octagon: Tradeify Signs UFC Champion Israel Adesanya

Tradeify has signed a long-term partnership with UFC legend Israel Adesanya as the prop firm steps up its global marketing...