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The latest news on Bank from the WSJ MoneyBeat Blog. Up-to-the-minute news and analysis on deals, markets and finance around the world. UBS to Pay $230 Million to Settle Interest-Rate-Rigging Case UBS has agreed to pay $230 million to settle a long-running civil lawsuit accusing the bank of rigging benchmark interest rates.
Yesterday evening bought an example of one of the main themes I have about central banks. That has been that they respond much more quickly to fears about economic weakness than inflation rising in a clear example of assymetry. In fact these phases show a clear abandonment of the inflation target as they switch to…
MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced that its clients raised over $3B in deposits with existing banking relationships in the first half of 2025. This achievement highlights the significant opportunity financial institutions have to achieve low-cost, sustainable growth by strengthening customer and member relationships and driving banking primacy with omnichannel account opening technology.
Stablecore, the platform enabling community and regional banks and credit unions to offer stablecoins, tokenized deposits and digital asset products, today announced $20 million in funding. Led by Norwest and with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah, EJF Ventures, Bankers Helping Bankers Fund and others, which represent more than 290 limited partner banks and credit unions, this news comes at a crucial time following the passage of the GENIUS Act in July 2025.