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Bank discloses the possible repercussions from its alleged involvement in Malaysian fraud; are banks too blase about “systemic riskiness”?
By George YacikNovember 6 -
Barclays’ common equity tier 1 ratio is the lowest among those banks tested; the $30 million investment is the bank’s first foreign effort in its “Advancing Cities” program.
By George YacikNovember 5 -
The two allegedly helped to defraud a Malaysian sovereign wealth fund; Michelle Bowman is expected to bring a Main Street perspective to the central bank.
By George YacikNovember 2 -
Regional lenders would be subject to less regulation while the biggest banks would see no change; the insurance giant got hit with claims from several large natural catastrophes.
By George YacikNovember 1 -
The credit union says employee charges that its AML program is deficient are false; Michelle Moore, who helped launched the Erica digital assistant, wants more time with family.
By George YacikOctober 31 -
If approved, the Fed would consider risk factors besides size in how strenuously it oversees individual banks; Capital One's CIO on operating a bank as a technology company.
By George YacikOctober 30 -
Christian Sewing calls out the German bank's senior managers for using rumors of a merger with Commerzbank to excuse poor performance; banks in China begin using smartphones to pick up on lie-detecting facial tics.
By George YacikOctober 29 -
The money manager plans a big expansion in Atlanta; agency makes now rare determination that debt-collection practices were “abusive.”
By George YacikOctober 26 -
Executives offer support to lift investment bankers’ morale; retailer’s move from Synchrony Financial could force card issuers to make concessions.
By George YacikOctober 25 -
The 25-year JPM veteran will pursue an opportunity elsewhere; private equity firms have a record $57 billion to loan for real estate.
By George YacikOctober 24