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Bank consolidation in the city has picked up in recent months despite erratic oil prices and flooding tied to Hurricane Harvey.
  • Mystery shoppers search for signs of discrimination in business lending

    A community group has secured a grant from the W.K. Kellogg Foundation to probe banks’ small-business lending practices. It follows a 2017 pilot study in which the group found that white shoppers posing as business owners were three times more likely to be invited for follow-up appointments than their black counterparts and twice as likely to be offered help in completing loan applications.
  • Treasury endorses FDIC failure cleanup powers — with caveats

    The Treasury Department struck a middle ground in recommendations for Dodd-Frank Act wind-down powers, resisting calls to repeal those powers but still addressing concerns that they are too generous to large firms.
  • Crypto exchanges welcome regulators as they woo institutional clients

    As they cement major partnerships, launch overseas operations and court banks and other institutional investors, top cryptocurrency exchanges now see regulatory approval as a competitive advantage.

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