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BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.
October 11 -
Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why.
October 10 -
The Long Beach, Calif.-based institution can now serve workers from the healthcare industry in six counties.
October 10 -
MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.
October 10 -
The financial industry should take notes from regulators that have diverse leadership.
October 10FS Vector -
The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.
October 9 -
All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said.
October 9 -
A thorough process for approving experiments with artificial intelligence, clear philosophical principles and diverse human involvement are some of the ways BofA says it's working to ensure AI does no harm.
October 8 -
Investors expect banks to be honest and transparent about employee wages.
October 8Arjuna Capital -
The Wisconsin company will have 15 branches in its home state on completing the acquisition.
October 7