-
From the end of overdraft fees to the rise of banks that watch their customers' every move, there are several new banking trends on the horizon in 2019.
January 1 -
Former N.Y. Attorney General Eric Schneiderman had been a thorn in the side of financial institutions, using his state’s significant clout to affect national policy debate on a host of topics ranging from dark pools to cryptocurrencies. Here’s a look back at how Schneiderman made his mark on the ways financial institutions do business.
By Christopher Wood and Rob BlackwellMay 8 -
The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.
March 2 -
U.S. Bank's $600 million fine for AML lapses quickly drew readers attention, while acting CFPB Director Mick Mulvaney got the Cordray treatment on Capitol Hill and big banks made moves to speed real-time payments.
February 16 -
Receiving Wide Coverage ...The Blame Game: MF Global creditors have formed a committee to protect their interests in bankruptcy, the Post said. Meanwhile the "frantic search" continues for the $600 million missing from customer accounts. The Journal reports on allegations that JPMorgan delayed trade settlements by MF Global as it rushed to sell assets. Executives at MF believe that made it difficult to find a buyer, the paper says, and could have “caused” the $600 million gap. In his column, Francesco Guerrera offers three lessons to be learned from MF's failure. Still another Journal story looks at how MF investors are fairing, with their accounts frozen or moved to other firms.
November 8



