UWM likely better off after losing Two Harbors deal, KBW says

More investors want their money to reflect their values. It feels righteous — but the reality is a lot messier.

Real-time B2B payments may not be losing to skepticism. They are losing, for now, to payment systems that work just well enough. That is one of the more useful takeaways from the PYMNTS Intelligence report, “Ready and Willing: B2B Payments Are Headed for Real-Time Rails. Here’s How They’re Getting There.” The report finds that instant payments outperform traditional methods…

Floored: Basel III rethink upsets IRB dominance – Risk.net Skip to main content End of drawer navigation content Introduction of output floor means internal ratings’ popularity takes a hit, but isn’t quite out for the count For years, banks in the European Union have relied on credit risk models to calculate the bulk of their…

Banque de France’s Denis Beau on supervisory reform – Risk.net Skip to main content End of drawer navigation content Deputy governor speaks about suppression of systemic risk buffer, TLAC floor proposals, and simplifying regulation and resolution You sit on the supervisory board of the Single Supervisory Mechanism (SSM). Can you provide some context on the…

The state of California has awarded millions of dollars to support California Native American communities in funding housing and homelessness solutions that meet their communities’ unique needs. Announced recently by Gov. Gavin Newsom, the funding will assist 68 federally recognized tribes that were awarded a total of $28.5 million through Round 4 of the California…