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The state's Department of Financial Protection and Innovation alleged potential violations of “unlawful, unfair, deceptive or abusive” practices by a dozen companies.
January 19
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The Illinois company has agreed to pay $191 million for the parent of Glenview State Bank.
January 19 -
Members of the Gunther family who own nearly a third of the company's stock are urging the board to consider strategic alternatives.
January 19 -
The pandemic has made for strange bedfellows. Case in point: Western Union and MoneyGram will soon share Walmart as a landlord.
January 19
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In a request for information, the agency sought feedback on how it should prioritize climate risks as part of its supervision of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
January 19
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LendingClub, poised to be the first U.S. online lender to buy a bank, says the transaction will be completed in early February now that it has received approvals from the Office of the Comptroller of the Currency and the Federal Reserve.
January 19
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Former Fed Chair Janet Yellen told senators that as Treasury secretary she would create a “hub” to examine the effects of a changing climate on financial institutions and create a database of companies' true owners as required by a recent anti-money-laundering bill.
January 19
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Its Marcus unit continues to invest in new products and business lines, delaying its path to profitability, according to Goldman Sachs CEO David Solomon.
January 19
- PSO content
Daniel Wolfe, editor-in-chief of PaymentsSource, talks to Derek Webster, founder and CEO of CardFlight, about his company's weekly merchant sentiment survey and how things have changed since the early days of the pandemic — and what changes are on the horizon.
January 19
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Payments activity “snapped back” in the fourth quarter and should lift revenue the next few quarters, CEO Brian Moynihan said.
January 19
