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Corsair Capital Plans MSTS Acquisition To Boost B2B Payment Business

PYMNTS

Corsair Capital has agreed to acquire B2B credit and payments provider MSTS , purchasing the company from World Fuel Services Corp. ” In addition, MSTS president Brandon Spear will continue in his leadership role and said in the release that he looks forward to working with Corsair Capital. according to a press release.

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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

The proposed eligible LTD requirement was calibrated primarily on the basis of what the proposed regulation refers to as a “capital refill” framework. In terms of risk-weighted assets, a covered entity’s common equity Tier 1 Capital level is subject to a minimum requirement of 4.5

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‘Unethical’ Antics Precede Green Dot’s Annual Meeting

PYMNTS

Harvest Capital is, yet again, firing salvos at the firm ahead of the annual Green Dot meeting slated for later this month, where a slew of new director candidates will be elected to the corporate board. ” Harvest also took aim at CEO Steve Streit, lambasting his tenure as one marked by “fiefdom-like autocratic leadership.”.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business.

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Model Risk Management: Regulatory Priorities and Best Practices

Abrigo

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . Evaluating Leadership.

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Thriving In The New Normal

PYMNTS

One of the ways we did this was through larger meetings via video conference. It’s also allowed us to have fewer meetings, which has been a welcome change. But as people, we had to meet the moment. One of the ways we did this was through larger meetings via video conference.

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Finastra appoints Isabel Fernandez to accelerate lending business growth

Bobsguide

Company welcomes Isabel to the Finastra leadership team, as EVP, Lending Business Unit. Isabel will be part of Finastra’s recently expanded leadership team as the company pivots to a ‘Business Unit’ led model. Other roles include President & CEO Global Bank Loans at GE Capital Americas and Head of Enterprise Clients.

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