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JPMorgan Chase, Morgan Stanley and Wells Fargo received poor marks on political spending and steps taken to support democratic initiatives.
September 29 -
A federal judge found that the Consumer Financial Protection Bureau overstated the costs and understated the negative impact of exempting 1,700 financial institutions from reporting Home Mortgage Disclosure Act data.
September 29 -
U.S. banks closed almost 3,000 more branches than they opened last year, but credit unions' branch count crept up in the second quarter despite consumers' heavier reliance on digital channels for account management.
September 29 -
Canadian Imperial Bank of Commerce set a goal of reducing the carbon-emissions intensity of its lending to power generators, adding to targets it has already placed on the oil and gas industry.
September 29 -
A half-dozen of the largest banks in the country will participate in the Federal Reserve's climate scenario analysis exercise next year. Findings from the program will inform supervision policies on managing climate and transition risks.
September 29 -
The company behind the digital coin Hydro and a crypto market-making firm tried to artificially inflate the token's price after it was offered through a so-called airdrop, according to the Securities and Exchange Commission.
September 29 -
Nearly nine out of 10 bankers surveyed by the Conference of State Bank Supervisors ranked the specter of rising deposit costs and narrowing margins as their top concern.
September 29 -
The bank is looking to detect fraud in real time, a capability that it sees as a differentiator for merchants that want to offer installment lending.
September 29 -
Banks pushed for the rule implementing the Corporate Transparency Act that would ease one of their toughest anti-money-laundering burdens.
September 29 -
The claim that these arrangements are unregulated is inaccurate, and instead, more oversight would destroy the benefits of banks working with fintechs on consumer products.
September 29
Manatt, Phelps & Phillips








