2017-11-29
For remaking East West Bank from a small savings institution into a $36.3 billion-asset player with a seat on the front lines of U.S.-China relations – all while churning out record earnings year after year – American Banker is recognizing Ng for
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2017-11-29
Richard Cordray took a big gamble in his final act as head of the Consumer Financial Protection Bureau, attempting to appoint his own interim successor. He lost Tuesday, but he was far from the only one.
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2017-11-28
The San Francisco bank will immediately begin winding down its marketing of personal insurance products and plans to exit the business for good during the first quarter of next year.
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2017-11-28
Japan’s bitFlyer is expanding to the American market, even as U.S. banks remain wary of cryptocurrencies.
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2017-11-28
The service will require more coordination between the bank and its parent company, BNP Paribas.
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2017-11-28
Integrity is set to become the third Houston-area bank acquired by Independent in recent years.
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2017-11-28
On his last day at the agency, Keith Noreika called for scaling back the Bank Holding Company Act, arguing that it burdens banks with duplicative regulation and restricts their economic potential.
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2017-11-28
Jayne Opperman is the third new tech hire the bank has made this month.
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2017-11-28
Employees at the Consumer Financial Protection Bureau are privately questioning why outgoing director Richard Cordray abruptly tapped a 34-year-old chief of staff with no enforcement, supervisory or legal experience to head the embattled agency af
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2017-11-28
The pilot could help the agency improve its image after past criticism of slow responses to catastrophes.
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2017-11-28
Jane Fraser, chief executive of Citigroup Latin America, explains how changes the company has made to its business model in that region are working so far.
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2017-11-28
In his nomination hearing, Jerome Powell was quick to assure Republican senators of his regulatory relief credentials. But Democrats still fear that he and other Trump appointees might upend the Dodd-Frank Act.
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2017-11-28
Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said.
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2017-11-28
The Senate Banking Committee voted to advance the nomination of Brian Montgomery to serve as commissioner of the Federal Housing Administration, despite ongoing criticism from some Democrats that he is too close to the financial services industry.
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2017-11-28
The CFPB's data-sharing guidance was widely applauded, but mistrust remains between banks and aggregators. Advocates want regulators to take action.
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2017-11-28
The trade group wants Equifax to reimburse community banks for costs tied to the massive data breach at the credit bureau this year. The ICBA also wants a court to order Equifax to improve its security measures.
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2017-11-28
The former OCC head and Massachusetts banking commissioner will co-lead Nutter's financial services practice.
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2017-11-28
Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.
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2017-11-28
Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients.
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