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Thirty-eight TD Bank locations and 24 Flagstar branches are set to shut down. Both banks are coming out of tumultuous periods.
March 14 -
The biggest loser had a net loss on sale of loans and leases of $908.2 million.
March 14 -
In 2023, the Consumer Financial Protection Bureau cited Citibank for discriminating against Armenian Americans. The recent turmoil at the agency raises questions about whether the bureau will be able to carry out similar actions in the future.
March 14 -
Three Democratic senators joined Republican colleagues to confirm the businessman, who previously voiced his support for easing government regulations.
March 13 -
The Queens, New York-based community mutual bank held a grand opening ceremony to open a new office space exclusively for its tech employees.
March 13 -
New York Attorney General Letitia James announced new state legislation to ban unfair and abusive business practices, giving state regulators broader authority to crack down on consumer abuses.
March 13 -
Hackers breached the New York community bank's cybersecurity walls in 2022, drawing regulatory scrutiny and causing its CEO to resign.
March 13 -
While often used to describe a digital asset that hedges against cryptocurrency's volatility, the reality of stablecoins is much more complex.
March 13 -
Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the total cost continued rising.
March 13 -
A much-anticipated stablecoin bill advanced to the full Senate in an 18-6 vote, giving it a promising path to pass with 60 votes. But amendments banks favored were shut out of the markup.
March 13