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The customer complaints received by the Consumer Financial Protection Bureau are not just a list of grievances. They are a vital source of information for banks and financial services firms, and must be retained.
April 1 -
Holly O'Neill, who was No. 5 on American Banker's list of the Most Powerful Women in Banking last year, will oversee a new department combining BofA's retail and preferred units. Aron Levine, who previously led preferred banking, is leaving the company.
April 1 -
Decreased funding for Community Development Financial Institutions and the declawing of the Federal Deposit Insurance Corp. are top of mind for bankers.
April 1 -
The co-founder of Strategas Securities is no longer in the running to become U.S. Treasury assistant secretary for financial markets due to a newly discovered health issue.
April 1 -
The Office of the Comptroller of the Currency said it would cease its participation in interagency principles for regulating climate-related risks at the banks it regulates.
April 1 -
More Americans than ever are falling victim to sophisticated financial scammers and fraudsters. A federal task force is needed to bring together the resources to effectively push back against criminals.
April 1 -
The ECB president said demand for higher-skilled workers who can use AI would rise, while those less able to learn new skills could suffer.
April 1 -
An executive order requiring the government to stop issuing paper checks is expected to help banks, which have seen a rise in check fraud with the introduction of mobile deposits and digital check imaging.
April 1 -
This transaction, following Rocket's purchase of Redfin, could be the start of the creation of large players to compete with the likes of Zillow.
March 31 -
The deal was highly vetted with regulators following the publicly traded company's failure to obtain approval in a past agreement, an executive said.
March 31