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Two shareholders at United Bancorporation of Alabama say they've been expressing their concerns for years, to no avail. Now they want seats at the table.
Banks say the cost and complexity of anti-money laundering compliance — including enhanced due diligence and filing suspicious activity reports — is a major barrier to serving cannabis-related businesses.
The Financial Services Sector Coordinating Council's idea for describing data and its sources is starting to take off.
The deal announced Monday would diversify EverBank's higher-cost funding model, and it would accelerate WaFd's transition away from its roots as a traditional thrift.
Rebecca Kelly Slaughter's firing from the Federal Trade Commission spurred a lawsuit that led to the Supreme Court overturning Humphrey's Executor and ending agency independence. Slaughter says she will continue to work on consumer protection issues.