ABI Blog Exchange

The agency's effort to engage with lawmakers on a whistleblower award program is one of three initiatives the bureau announced to advance its strategy of preventing consumer harm.

Harit Talwar, the head of Goldman Sachs' consumer banking business, is in the running for one of India's top banking jobs.

Upcoming Committee Formation Meeting: Wednesday, March 11, 2020 Case Name: 20-10475 (BLS) Location: Sheraton Suites 422 Delaware Avenue Wilmington, DE 19801

Potential replacements for the bank's longtime CEO include consumer banking chief Gordon Smith, investment banking head Daniel Pinto, Chief Financial Officer Jennifer Piepszak and consumer lending CEO Marianne Lake.

The JPM CEO is “recovering well” as the bank’s two co-presidents assume control; the House finance chairwoman says the bank board members neglected their duty.

Most states have some kind of pricing limit on consumer loans. But proposals for a national usury law divide even Democrats, some of whom are concerned about restricting credit.

Every situation is different and needs its own legal scrutiny. And we are not attorneys. But many corporate directors, particularly those who have never been through the distressed experience, will be rightly concerned.

As part of a review, the agency said it had identified requirements dealing with operating subsidiaries, non-controlling investments by banks and other corporate activities that were no longer necessary.

The bank said it was Sloan's decision to retire, but a new report from House Democrats reveals that Fed and OCC officials made moves behind the scenes in 2018 and 2019 to pressure the bank's board to remove him.