The battle among financial planners over the use of "fee only" will
The National Association of Personal Financial Advisors, which sought a
Napfa, with 600 members, argues that the term is misused by planners who
But Napfa's effort to trademark the term infuriated two trade groups
They argue that the smaller group is trying to co-opt a term widely used
Representatives from all three groups will meet during the annual
Amid healthy first-quarter loan growth and improving credit quality, Discover Financial Services slashed its profits by $800 million to offset remediation costs from a 16-year period when it overcharged certain merchants.
Tests of models from OpenAI, Google and others found their advice tends to disadvantage names commonly associated with racial minorities and women.
Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
