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U.S. regulators show far too much deference to an international body with no actual legal authority.
January 9
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A new Risk Management Association survey found that 84% of small lenders cite credit quality as a leading worry for 2023 because of the likelihood of a recession.
January 8 -
The cryptocurrency conglomerate Digital Currency Group closed its wealth management division, the latest sign of trouble amid a deep and prolonged slump in the crypto industry.
January 6 -
When U.S. banks fell like dominoes during the Great Depression, the cause was often a classic run: Depositors withdrew cash en masse amid fears that lenders were amassing huge losses on bad loans and investments. The cryptocurrency era just put a new twist on that.
January 6 -
The Consumer Financial Protection Bureau's outline for upcoming regulations reflects the efforts of Director Rohit Chopra to reduce credit card late fees and overdraft fees.
January 6 -
The plaintiffs allege that the banks did not catch obvious red flags or implement proper safeguards such as requiring two employees to approve each transaction.
January 6 -
Chatting up Square, Afterpay's Mexico vamoose and more in banking news this week.
January 6 -
By opening a recording-artist accelerator featuring virtual worlds and nonfungible tokens, the company plans to reach an industry that appeals to young consumers.
January 6 -
The Chicago-based institution partnered with MANTL to streamline how credit unions onboard new customers in multiple channels.
January 6 - AB - Policy & Regulation
Failing to raise the debt ceiling could throw the Treasury market into disarray, and Republicans' message is undercut in Washington.
January 6








