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Cross Border Banking Advisors

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August 27, 2025

Wells Fargo Faces Allegations of Secret Meeting Recordings

IntroductionUnion officials have alleged that Wells Fargo secretly recorded in-person bargaining meetings—a claim the bank strongly denies. If confirmed, the accusations could undermine trust between…

August 27, 2025

CFPB Proposes Limits on Supervision of Nonbank Firms

IntroductionThe Consumer Financial Protection Bureau (CFPB) has proposed tightening its oversight boundaries, specifically narrowing its supervision of nonbank financial firms. This regulatory development directly impacts…

August 27, 2025

Banks Struggle to Recruit AI Talent Amid Uncertainty Over Technology’s Value

In recent years, artificial intelligence (AI) has become a central focus for banks seeking to modernize operations, improve customer service, and enhance risk management. However,…

August 26, 2025

Bank BSU Reports Slightly Lower Half-Year Profit Despite Strong Interest Income

Regional lender Bank BSU, based in Uster, Switzerland, posted a half-year profit of 606,135 Swiss francs for the first six months of 2025. While the…

August 26, 2025

Klarna Makes New Attempt at IPO

Swedish fintech giant Klarna is preparing to revive its long-delayed plans for a stock market debut. After shelving its initial public offering (IPO) earlier this…

August 26, 2025

Migros Bank Reports Lower Profit

Migros Bank, a well-known name in Swiss retail banking, has posted a drop in profit, underscoring the challenges mid-sized lenders are facing in today’s shifting…