Monroe Bank and Trust, a $1 billion-asset bank in Monroe, Mich., has
Mr. LaBeau, 54, has been executive vice president and chief lending
He will succeed Merel F. Keck, 70, who will retire, as will vice
Monroe Bank and Trust, a $1 billion-asset bank in Monroe, Mich., has
Mr. LaBeau, 54, has been executive vice president and chief lending
He will succeed Merel F. Keck, 70, who will retire, as will vice
In a public appearance Thursday, Federal Reserve Gov. Christopher Waller said the Founding Fathers supported independent money management and undoing it now would be a mistake.
The New Jersey bank, which has been investing in its capital markets business, recently helped the fintech lender Best Egg securitize and sell $160 million of loans.
Executives at American Banker's Payments Forum in San Francisco said artificial intelligence and embedded finance will dominate investments in the coming year.
H2O.ai, Ethos and Corridor Platforms are among the tech companies that have recently released software designed to help banks keep generative AI in check.
The Financial Integrity and Regulation Management Act would stop prudential regulators from writing rules or guidance that involve any use of reputational risk in supervision.
Treasury Secretary Scott Bessent criticized post-crisis bank rules as outdated and burdensome, vowing to streamline financial regulation, revamp supervision and reduce constraints on private enterprise.