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Banks with between $50 billion and $250 billion of assets leaned particularly heavily on the Federal Reserve and the Federal Home Loan banks amid deposit outflows in March and April, according to new research that quantifies the scramble for funding.
May 30
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Wells Fargo & Co. has hired Credit Suisse Group's Jill Ford as head of its equity capital markets business.
May 30
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The Consumer Financial Protection Bureau released fourth-quarter data last week showing a big drop in revenue from overdraft and nonsufficient-funds fees in 2022 compared with 2019 as big banks reduced or eliminated certain fees.
May 30
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The banking goliath is continuing to execute its four-pillar technology investment strategy, CIO Lori Beer said at its investor day.
May 30
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Comerica's shoddy handling of its Treasury contract to manage Social Security and veterans benefits — including outsourcing fraud claims to a vendor in Pakistan — is emblematic of how the banking industry treats the poor.
May 30
American Banker -
A muted dealmaking environment has dented revenues across Wall Street.
May 30
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The lawyer representing tech entrepreneur Bob Lee's accused killer has quit, following a disagreement with her client over how quickly he should press forward with his defense against murder charges.
May 30
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After years of attempting to pivot away from its historic reliance on ATMs and point-of-sale hardware in favor of software, one of the industry's mainstays is running out of options.
May 30
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Led by Chairman Marshall Reynolds, the entire board of directors participated in a private placement that raised $10 million for the Hammond, Louisiana, company.
May 30
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The longtime executive and former Trump Administration official will rejoin Goldman colleagues at merchant bank BDT & MSD Partners.
May 30
