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Klaros is honored to work with Nubank (NYSE:NU), one of the world's largest digital financial services platforms, which announced today that it has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC).

Why are community bank mergers increasing? Brian Graham, Jonah Crane, and I attended Bank Director Magazine’s aptly named (and this year equally aptly timed) "Acquire or Be Acquired" Conference  last week - here are our observations and comments.  Given that AOBA is an M&A conference , it’s perhaps not surprising that all attendees believe the stars are aligned for more bank mergers, especially among community banks  - but there was little consensus on when that might happen.

The Synapse/Evolve situation has sparked a lot of questions and speculation about the future of BaaS. There’s no question that what happened here is tragic. People got hurt. They can’t pay their mortgages or their kids’ tuition bills.They don’t know when they might see resolution. That should never have happened.  But I do think that the Synapse matter is an aberration and should not result in a rush to judgment about banking-as-a-service generally. What is Banking as a Servi

According to the FDIC, bank capital is a critical foundation for a safe and sound banking system and is intended to absorb losses, promote public confidence, restrict excessive asset growth, and protect depositors and the deposit insurance fund. In essence, bank capital plays a role similar to a speed limit on a neighborhood street, and the regulatory rules and definitions that govern bank capital are just as important as the ratio between “miles” and “hour” that sets that sp

Banks are under intense pressure as nearly $1 trillion in unrealized losses loom, will rate cuts save them or simply delay the reckoning?

As the banking crisis continues to unfold, regulators who scrutinize banks, fintechs wondering if their banking partner is sound, and...

BY KEVIN STEIN FDIC Chairman Marty Gruenberg’s recent speech at the Brookings Institution Center for Regulation and Markets had some...

BY BRIAN GRAHAM A lot of folks in fintech are still talking about Acting OCC Comptroller Michael Hsu’s recent speech, which among other...

BY STEPHANIE WHITE BOOKER AND PAUL MARKER My Klaros colleagues Lauren Sartwell and Siena Marr explained the Consumer Financial...

BY VINCE CUROTTO Community banks are vital. According to the Office of the Comptroller of the Currency, “These institutions play a...

BY JOSHUA DIAMOND The Oracle of Omaha Warren Buffett’s famous quote, "Only when the tide goes out do you discover who's been swimming...

BY TRACY BASINGER Time is getting short for bankers to submit comments on the proposed interagency revamp of the Community Reinvestment...

BY POORANI JEYASEKAR Despite almost 20 years working on the operational side of financial services, I stick out like a sore thumb at...

By Jonah Crane and Patrick Haggerty Last week, the FDIC issued new guidance instructing all FDIC-supervised institutions to notify their...

By Andreas Westgaard, Michele Alt, and Gabriel Yeung At Klaros, we’re in the bank design business. Our partners and staff work with a...

By Jonah Crane and Patrick Haggerty Last week, the Federal Reserve Board (Board) issued a supplement to its proposed guidelines for...

On Tuesday, Dec. 21, LendIt fintech announced finalists for the 5th annual LendIt Fintech Industry Awards to celebrate the top fintech...

The drumbeat signaling the advent of climate risk supervision just got louder - and while final supervisory guidance is still likely some...