Bank News: Insider trading, CFTC bans, SEC crypto rules, and CAMELS in question!
Bank News: Brazil’s Itau Unibanco Holding gets OCC conditional approval for a U.S. bank charter. Old Glory Bank is forced to scrap merger with SPAC. Flagstar Banks goes with Fiserv ‘s Finxact on new cloud-native core system. The SEC charged an ex-Bank of America Banker with insider trading. SouthPoint Bancshares is in trouble with the Federal Reserve and Alabama State Banking Department. CFTC bans ex-FTX execs Caroline Ellison and Gary Wang from trading for only five years. Democrats introduce anti-corruption bill because Trump backed World Liberty received a conditional bank charter. The…
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