2020-07-29
The 15 executives selected for our Most Powerful Women in Banking: Next list all have remarkable stories. Over the past year each of them has taken on a major project for their company and produced impressive results.
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2020-07-29
The complaint filed by New York, California and Illinois argues that the regulation, issued in response to the 2015 Madden decision, undermines state laws intended to protect consumers.
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2020-07-29
Highlighting its commitment to hiring and promoting more minorities, the company has promoted Greg Cunningham to senior vice president and appointed him to CEO Andy Cecere’s leadership team.
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2020-07-29
As Senate Republicans consider a new coronavirus relief package, the Federal Reserve chairman said easing the so-called Collins amendment would help financial institutions support the economy.
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2020-07-29
In what was a challenging quarter for the industry, the company reported strong loan growth and a wider margin.
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2020-07-29
The pair has joined Morgan Stanley among the roster of global banks pledging to measure the impact their lending decisions have on global warming. Citi also said it would finance $250 billion of low-carbon projects.
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2020-07-29
Two trade organizations and a consumer group urged lawmakers to establish a three-year moratorium to block the charter bids of companies that they said were attempting to skirt regulatory requirements.
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2020-07-29
Members of the Senate Banking Committee took the agency’s leader to task for eliminating underwriting requirements for small-dollar lenders, which lawmakers said has left consumers more vulnerable during the pandemic.
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2020-07-29
The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink.
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2020-07-29
Seven trade groups said they would fight any effort by the agency to establish a tailored license for payments providers such as PayPal, Stripe and Square.
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2020-07-29
Many people have difficulty qualifying for credit because they don’t have a credit history, or that history has black marks on it.
Read More from: Bonds & Botes, P.C.
2020-07-29
Legislation that would force transparency around company ownership would be better than another burdensome anti-money-laundering rule.
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2020-07-28
According to a recent Goldman Sacks survey, by the first week of August approximately 84% of business
Read More from: Levitt & Slafkes LLC
2020-07-28
The housing agency's prior permanent chief, Brian Montgomery, left the position after he was tapped to become deputy HUD secretary.
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2020-07-28
The enhanced jobless benefits in the coronavirus relief law enacted in March helped limit delinquencies and maintain consumer spending, analysts say.
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2020-07-28
Many of its borrowers have struggled to make payments since the pandemic struck, so it is helping them by suspending debt collections and capping rates on new loans at 36%.
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