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SAN DIEGO— For months, the implosion of the proposed merger between California Coast Credit Union and San Diego County Credit Union has played out in court filings, regulatory correspondence and a steady stream of trade press coverage, turning what began as a celebrated “merger of equals” into one of the most closely watched and public credit union disputes in years.

SAN DIEGO— For months, the implosion of the proposed merger between California Coast Credit Union and San Diego County Credit Union has played out in court filings, regulatory correspondence and a steady stream of trade press coverage, turning what began as a celebrated “merger of equals” into one of the most closely watched and public credit union disputes in years.

WASHINGTON— Federal banking regulators on Thursday formally launched what could become the biggest rewrite of U.S. bank capital rules in years, unveiling a package of proposals aimed at easing and recalibrating capital requirements across the industry—moves officials say should reduce aggregate required capital for banks of all sizes and free up more capacity for lending.

SAN FRANCISCO— A proposed class action filed in California federal court is accusing JPMorgan Chase Bank, N.A. of helping enable what investors say was a $328-million cryptocurrency fraud tied to Florida-based Goliath Ventures Inc., adding a major bank-liability twist to one of the more prominent crypto enforcement cases now moving through federal court.

NEW YORK— Propel Holdings CEO Clive Kinross is making a blunt case that the traditional FICO score is losing relevance for a growing share of U.S. borrowers, arguing that AI-driven underwriting built around real-time cash flow and income timing may better define the future of consumer credit, according to an interview with PYMNTS CEO Karen Webster.

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WASHINGTON— With federal banking regulators moving this week to overhaul bank capital rules, the Defense Credit Union Council is urging NCUA to launch its own broad review of credit union capital and net worth requirements, warning that credit unions could be left at a competitive disadvantage if banks receive relief while CUs remain under an older framework.