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Square Inc. shares climbed after Chief Executive Officer Jack Dorsey said the company is introducing Bitcoin trading for almost all users of its cash payments app, signaling support for the volatile cryptocurrency.
January 31
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PayPal Holdings Inc. issued a forecast that didn’t meet Wall Street’s expectations, signaling struggles ahead as it looks to compete with banks and startups in the online payments market.
January 31
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Thomas O’Brien made a series of aggressive cuts at Sun Bancorp in New Jersey before orchestrating its sale to OceanFirst.
January 31
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Regulatory scrutiny of Tether and Bitfinex is spooking investors, though others argue the industry remains strong.
January 31
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The bank will step onto the national stage this weekend when the Patriots and Eagles face off at the Minneapolis stadium where it holds the naming rights. It has taken steps to capitalize on the exposure ahead of its expansion into new markets.
January 31
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The Consumer Financial Protection Bureau is seeking comment on how it sues companies via an internal process rather than the traditional court system.
January 31
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The individuals are forbidden from having anything to do with the affairs of a federally insured financial institution.
January 31
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Bankers would like to take advantage of digital marketing tools that target customers similar to their own, but there are persistent fears that doing so could make financial institutions run afoul of regulatory restraints.
January 31
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When Kenneth Chenault, chief executive officer of American Express Co., steps down Thursday, the number of African-American CEOs in the Fortune 500 will drop to three, a 50% decline in the past two years.
January 31
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Top Democrats in the House and Senate sent a letter to Mick Mulvaney on Wednesday questioning his decision to delay the implementation of the Consumer Financial Protection Bureau’s payday loan rule.
January 31
