2017-05-19
The ability of federal agencies to interpret the Volcker Rule and other provisions of the Dodd-Frank Act could be a positive for advocates of deregulation.
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2017-05-19
Readers opine on legacy core systems, the negative messaging around the Troubled Asset Relief Program, Jamie Dimon defending his Trump ties, and more.
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2017-05-19
The Treasury secretary says the Trump administration doesn't support separating commercial from investment banking; wealthy neighborhoods are designated as low-income, benefitting banks with branches there.
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2017-05-19
Written By: Allison Carr When people hear that an attorney specializes in bankruptcy, they often want to run in the opposite direction.
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2017-05-19
It seems like Wells Fargo just can’t stay out of the n
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2017-05-19
The Washington company said that Sean Brennan, its president and chief operating officer, will become CEO when Jim Mitchell retires next year.
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2017-05-18
The Trump administration must weigh risks to national security in its review of the $1.2 billion deal. Its decision will shed light on whether — given the president’s “America First” rhetoric — Chinese investment is still welcome in the U.S.
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2017-05-18
Suni Harford is off to UBS, Nina Fanlo is leaving SoFi, and Shaza Andersen is selling the bank she founded. Also, you should hear how venture capitalists talk about female entrepreneurs.
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2017-05-18
Wells Fargo is expanding its fintech accelerator so it is better positioned to connect with customers through channels like the internet of things.
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2017-05-18
Treasury Secretary Steven Mnuchin was pressed for his views on housing finance reform, what a “modernized” version of the Glass-Steagall Act would look like and a two-tiered regulatory system.
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2017-05-18
It is not startups but rather Silicon Valley’s biggest names that are best-positioned to compete with banks in the blockchain race.
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2017-05-18
Bradley Linskens, the former top examiner of Wells Fargo at the Office of the Comptroller of the Currency, sued the agency Tuesday over records requests he had made related to his removal earlier this year.
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2017-05-18
The bank, based on the east coast of Florida, is bulking up on the Gulf. It has agreed to buy NorthStar Bank in Tampa a month after buying another bank in the same city.
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2017-05-18
The German bank posted two consecutive years of losses partly because of misconduct fines tied to the Libor and other scandals.
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2017-05-18
The former New Jersey mutual is stepping up efforts to court bigger commercial clients. The move will help Investors diversify its loan book and deploy capital while it is barred from buying banks.
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2017-05-18
In March 1998, American Banker reported plans by Norwest Corp. to establish sales quotas and step up cross-selling. Three months later, the Minneapolis bank announced a merger with Wells Fargo.
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2017-05-18
Consumer debt breaks the previous mark set back in 2008, but some are worried that people are returning to their profligate ways; Wells Fargo makes greater use of consumer surveys to fix its brand.
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2017-05-18
Both sides of Wells Fargo's $142 million settlement over its fake-accounts scandal made last-ditch efforts to salvage the class-action pact after a federal judge voiced misgivings about some of its terms.
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