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Goldman Sachs said that investigations and inquiries into its credit-card business has expanded beyond the Consumer Financial Protection Bureau to include other government agencies.
February 24
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The rise of e-commerce during the pandemic has fueled demand for warehouse space as companies look to move their products closer to their customers. While a slight slowdown is now under way, bankers still see plenty of business ahead.
February 24
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Executives at Wayne Savings Bancshares and Main Street Financial grew progressively more comfortable with the idea of a deal during six months of talks, Wayne Savings CEO James VanSickle says.
February 23
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Attorney General William Tong is asking state lawmakers to grant his office more power to investigate consumer complaints after problems marred M&T Bank's integration with People's United Financial.
February 23
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A pair of payments startups are getting strong traction with products that can be used to counter a recent slump in charitable giving.
February 23
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Goldman Sachs is offering its richest clients access to a fundraising round for Stripe, the payments giant that's trying to raise billions in part to cover a looming tax bill.
February 23
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Persistent inflation concerns drove the 30-year average up 41 basis points this month.
February 23
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Auto title lender TitleMax was ordered by the Consumer Financial Protection Bureau to pay a $10 million fine and $5 million in restitution for overcharging servicemembers and altering their personal information to avoid detection.
February 23
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The Federal Reserve had asked the court to throw out the case after rejecting the digital-asset bank's application for a master account.
February 23
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Firms under $1 billion of assets that never had a chief risk or credit officer, for example, are creating these roles — and in some cases filling them with executives who were displaced by a merger at their last employer.
February 23
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The Consumer Financial Protection Bureau has taken an important step in saying that it would work to root out unfair practices in all banking services. This is will help ensure all customers are treated fairly.
February 23
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The Consumer Financial Protection Bureau is attempting to make broad changes to its authority and expand what counts as discrimination. This could lead to banks to cease offering important services.
February 23
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The Maryland bank is merging with Linkbancorp in a nearly $168 million deal that would create a $3 billion-asset company. The transaction comes just months after OceanFirst Financial and Partners nixed their merger plan, citing regulatory delays.
February 23
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The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency also flagged stablecoin reserves, deposit insurance claims and brokered deposit requirements as potential liquidity risks.
February 23
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A top tier of candidates to replace Fed Reserve's vice chair is taking shape.
February 23
