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The Federal Deposit Insurance Corp. issued the letters ordering the companies to stop making false or misleading representations of deposit insurance.
August 19
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The new Hello Alice Mastercard small-business credit card, MUFG's possible deals to buy two home credit lending units in Southeast Asia, and more in banking news this week.
August 19
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Mos, a company that started out helping students find financial aid, is embellishing its banking features with cash advances, gig finding help and financial advice.
August 19
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To meet the growing demand, banks are faced with a choice of hiring, reskilling or outsourcing.
August 19
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Rising costs and other factors are leading more consumers to borrow money, pitting banks against credit unions and fintechs for this business.
August 19
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Carlos Garcia of Professional Holding Corp. in Coral Gables would serve as CEO of the holding company for Nave Bank, which seeks FDIC approval to be the first federally insured digital bank in Puerto Rico.
August 19
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With financial literacy apps, scholarships and college-team sponsorships, credit unions are fighting for market share among students.
August 19
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The credit union's CEO said a state judge supported the regulatory opposition to its bid to acquire Premier Bank in Omaha, effectively killing the deal.
August 19
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Citigroup's markets operation had hundreds of blind spots, allowing for potentially abusive transactions to go unnoticed in almost 900,000 trades processed every day at the bank's Canary Wharf headquarters for more than two years.
August 19
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How many more decisions will CFPB Director Rohit Chopra make without appropriate stakeholder input?
August 19
ACA International
