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A return of the Supervision Appeals Review Committee is a step backward for banks looking for an unbiased venue to challenge adverse regulatory rulings.
July 6 -
Agencies supervising lenders should make it clear that the transition to less discriminatory algorithms won’t be used to punish banks for their previous use of older, less effective systems.
July 1Zest AI -
Bank and financial services supervisors have an affirmative duty to address the deep economic divide facing minorities in the U.S.
June 29Better Markets -
The growth opportunity is there, the brand trust is there, the clients are there — it’s the banks that are largely absent.
June 28J.D. Power -
Juliette Kayyem, a veteran crisis manager, explores practical steps leaders can take to be ready for the next disaster in “The Devil Never Sleeps.”
June 28American Banker Magazine -
A new and larger finance industry is emerging — one in which traditional institutions aren’t nearly as dominant as they used to be.
June 27Oliver Wyman -
Elon Musk’s demand that executives be present in the office carries an important message for bankers.
June 24 -
The Community Reinvestment Act has failed to reduce anti-Black racial discrimination in financial services, to lower poverty or to lessen environmental destruction.
June 22 -
Consolidation results in harms such as higher prices, reduced worker bargaining power and increased barriers to competition. Because of that, regulators must carefully vet these deals.
June 21Roosevelt Institute, Georgia State -
Without a rule standardizing data sharing standards, the Consumer Financial Protection Bureau risks the creation of a patchwork system of privacy standards as consumers seek the benefits of an open banking ecosystem.
June 20Financial Data and Technology Association of North America