President Trump's announcement Friday morning that former investment banker and Fed Governor Kevin Warsh would be his selection as the next chairman of the Fed ends months of speculation and gives the president a key ally at the central bank.
Can the internet giants peek at bank data, or eavesdrop on conversations with customers, sent over their gadgets? Here are the facts and the fuzzy areas.
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Capital One's acquisition of Discover brings it to the top of the ranking.
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The Spanish bank is integrating machine learning with cards, payments, financial management, savings and other products, while the American banking giant is assessing risk for business transactions. Plus: The CFPB eases a consent order on Wise.
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Prepaid cards are finding new use cases in the hospitality industry, where tip disbursements have traditionally been cumbersome.
The bill, similar to legislation that passed the chamber last year, would permit the inclusion of items such as rent and telecom payments to help consumers build their credit profiles.
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From stress tests to tailoring the Dodd-Frank Act to the Volcker Rule, the banking agencies have a number of important proposals to finalize in the coming year. But there are several potential obstacles that could throw those plans off track.
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It was a year to remember for women executives at SunTrust and Amex’s new CEO, and one to forget for Wells Fargo and investors in bank stocks.
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A 2017 holiday shopping growth strategy worked so well for the $4.1 billion-asset institution that management decided to hit the mall again this year.
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In the agreement, the bank denied allegations that it refused to issue a mortgage until one of the applicants returned to work from maternity leave.
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Servicing gains failed to offset steep origination declines at the bank, which continues to battle allegations of racial discrimination.
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The 30-year average has risen by more than a full percentage point in a little over a month.
The Pennsylvania company spent the last five years adding lines of business, cleaning up its balance sheet and leveling up its technology. This year, Customers needs to churn out consistent earnings to prove that the investments were worth the costs.
Market watchers expect the Federal Open Market Committee to announce a 25 basis point rate cut today, but are also watching for signals of more cuts to come and how many members push for a larger 50 basis point cut.
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Branches are being closed at a record pace because of mergers and financial reasons. If a closed branch is in a good location and meets certain other conditions, it can represent a low-cost way for a community bank to expand.
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The Consumer Financial Protection Bureau is seeking to protect borrowers from unscrupulous loan servicers. The goal is laudable, but the agency's methods are misguided.
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The Democratic nominee should seize the moment and reset her party's relationship with the crypto industry, focusing on safety, equity and access to financial services.
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Prosecutors argued the 23-year-old courier knew he was aiding criminals, citing texts about "gold rushing" and scammer videos on his phone.
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Merchants have mostly been silent on President Trump's call for a cap on credit-card interest rates. But they'd take a "huge hit" under such a plan, Synchrony CEO Brian Doubles said Tuesday.
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A Delaware judge denied HoldCo Asset Management's emergency motion for a temporary restraining order to stop the deal from closing. Fifth Third plans to complete its purchase on Feb. 1.
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The card network's Start Path engagement program is scouring the technology world for entrepreneurs working on the new form of artificial intelligence.
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At a time when banks have tokenization, stablecoin and blockchain projects in the works, senior leaders will exchange ideas at a New York conference.
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State regulators say proposed changes by the Federal Reserve that would make state bank examiners the primary boots on the ground will make bank examinations faster, but could cause some issues to go overlooked.
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The Brazilian digital bank Banco Inter now has a license from the Federal Reserve Board and the state of Florida to establish a virtual "branch" in Miami.
Shares of the California lender surged 25% on news of the leadership change and preliminary fourth-quarter earnings.
The 23rd annual ranking of women leaders in the banking industry.
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