Topic
Banking Regulation
Capital One says AML review forced closure of Trump Organization accounts
Capital One filed a court document defending its closure of over 300 Trump Organization accounts, arguing the action followed anti-money-laundering reviews.
Capital One cites anti-money laundering review in Trump account closures
Capital One told a federal court that its decision to close accounts linked to Donald Trump's business empire stemmed from internal compliance reviews.
Circle wins final OCC approval to establish national trust bank
Circle Internet Group will operate as a federally regulated national trust bank, shifting from state-level oversight to manage its USDC reserves.