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A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.
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The combined bank would be chartered in North Carolina, with the FDIC serving as its lead federal regulator, N.C. Banking Commissioner Ray Grace says. The merger partners had other options, including the Fed and the OCC.
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In a tense back and forth with lawmakers, the embattled CEO pushed back on claims that the bank still pressures employees to hit sales targets and retaliates against those who speak up.
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More than two years after Wells Fargo's consumer scandals first came to light, the congressional backlash facing the bank is bipartisan and just as fierce.
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Shari Van Cleave, head of digital labs at the bank, discusses customer-facing technology it's testing, including wearables and the so-called internet of things.
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Vice President Mike Pence congratulated credit unions on their work with consumers but he also urged attendees at CUNA's Governmental Affairs Conference to promote the controversial wall.
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The bureau's director, Kathy Kraninger, faced a barrage of criticism from Senate Democrats on the agency's lack of enforcement actions, a reversal on Military Lending Act examinations and changes to the payday loans rule.
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As the fintech industry grows, these companies should face the same tough standards as banks and credit unions.
March 12National Association of Federally-Insured Credit Unions -
Big bank mergers have historically been a catalyst for startups. Experts say it could happen again.
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Inclusiv had two members named to the African-American Credit Union Coalition Hall of Fame while credit unions and others in the industry announced new hires and promotions.
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