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The COVID-19 pandemic has had a significant impact on the banking and capital markets (B&CM) industry as liquidity, rates and fees continue to be stressed and regulatory and business-driven demands evolve rapidly. The post COVID-19’s impact on banking and capital markets appeared first on Accenture Banking Blog.
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On September 18, 2023, the Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency jointly published and sought comments on a proposal to implement new, standardized capital requirements that would, among other things, increase capital requirements for banks with $100 billion or more in total assets.
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The insurance industry is a huge industry undergoing a fundamental disruption,” FinTLV Founding Partner Gil Arazi said in the release. insurance industry is five times larger than that of the banking industry; yet the technology used by most insurance companies is antiquated. The revenue of the U.S.
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