FEDERAL WAY, Wash. - (10/29/04) -- The Washington CU League said it hasendorsed Democratic Attorney General Christine Gregoire, along-time partner on privacy issues, in her race for Governor.Credit union volunteers were raising funds, marching in parades,handing out stickers and canvassing neighborhoods on behalf ofGregoire, who created the state's Consumer Privacy Workgroup, withthe league. Gregoire, who has expressed her support for the creditunion tax exemption, also worked with the league on legislation toprotect privacy and combat identity theft. As governor, Gregoirewill appoint the next commissioner of financial institutions, whichregulates state chartered credit unions, an area of great interestto the state's credit unions.
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Harmonizing standards for liquidity coverage ratios and discount window pledges could prevent the type of strains that led to last year's bank failures, according to a new paper whose authors include former Federal Reserve Govs. Dan Tarullo and Jeremy Stein.
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Ally Financial ended a six-month search for its next chief executive by hiring Discover CEO Michael Rhodes. The move adds a new wrinkle to Discover's pending sale, though Discover said that Rhodes hadn't been expected to have a long-term role at Capital One following the merger's completion.
8h ago -
The report seeks to help banks "disrupt rapidly evolving AI-driven fraud," according to Treasury's Nellie Liang. The report found banks have difficulties accounting for AI risks.
10h ago - Yahoo Finance Feed
The banking giant has launched an online platform that links small-business owners and entrepreneurs in need of capital to community development financial institutions. The platform was developed in partnership with Community Reinvestment Fund USA.
11h ago -
A panel at CBA Live explored the contract provisions banks need to consider before embarking on new banking-as-a-service relationships and what catches their eyes in consent orders from banking regulators.
March 27 -
VersaBank in London, Ontario, agreed nearly two years ago to buy a small Minnesota bank. The buyer's CEO says he remains hopeful approval will come soon.
March 27