2018-03-14
Sen. Elizabeth Warren, D-Mass., introduced a bill to create a permanent law enforcement unit to investigate criminal activity at large banks, just as the Senate was close to passing a regulatory relief package.
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2018-03-14
A customer is claiming that the Chicago bank operates a "predatory" overdraft fee program.
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2018-03-14
As it expands to the West Coast, the bank will first target car dealers at which it is already an indirect consumer lender.
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2018-03-14
Freddie Mac and Arch Capital are testing a new form of risk-sharing deal to boost investor appetite for low down payment mortgages.
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2018-03-14
Goldman Sachs needs to do a better job elevating women to its top ranks, new heir apparent David Solomon said recently. He has his work cut out for him.
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2018-03-14
Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas.
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2018-03-14
A mortgage program created by a 2015 partnership between the Federal Home Loan Bank of Chicago and Ginnie Mae has securitized over $1 billion in government-backed mortgages, the partnership announced.
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2018-03-14
President Trump is expected to announce as early as Thursday morning that he has selected Larry Kudlow, the host of CNBC's "The Kudlow Report," to replace Gary Cohn as head of the National Economic Council, according to multiple media reports.
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2018-03-14
Fundbox is testing a payments and credit network for small businesses and their business clients that may offer an alternative to traditional lenders, credit card issuers and supplier financing.
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2018-03-14
As Congress moves quickly toward passing regulatory relief legislation, another financial services policy goal — long-term reform of the National Flood Insurance Program — remains stalled.
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2018-03-14
A former senior executive at Equifax Inc. was criminally charged for allegedly selling almost $1 million worth of shares before the company’s announcement last year that it had suffered a massive data breach.
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2018-03-14
Upcoming Committee Formation Meeting: Wednesday, March 21, 2018 10:00 AM
Case Name: 18-10518 (KG)
Read More from: Bankruptcy and Restructuring Law Monitor
2018-03-14
Upcoming Committee Formation Meeting: Wednesday, March 21, 2018 10:00 AM
Case Name: 18-10518 (KG)
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2018-03-14
A clear government backstop for the mortgage market would benefit small banks and investors by ensuring a stable and liquid secondary market for securities.
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2018-03-14
Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe.
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2018-03-14
Smaller bank stocks have outperformed the big banks with the prospect of Dodd-Frank rollbacks; Trump “very strongly” pondering TV analyst for adviser role.
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2018-03-14
Though the Senate regulatory relief bill falls well short of a far-reaching House bill, critics argue it could still increase the chance of another bank bailout by the government and weaken consumer protections.
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2018-03-13
The interagency will establish a venue for bank holding companies that restructure to argue in favor of their being de-designated as "systemically important," similar to the process afforded for other firms.
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2018-03-13
The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018.
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