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Under the new policy, firms that come forward with misconduct before it becomes known to the public or prosecutors and then fully cooperate will receive "significant benefits" in any resulting deal, federal prosecutors in New York say.
February 22
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The company says that regulators are investigating its retention of employee communications over unapproved messaging apps. It's latest bank to get caught up in an industrywide sweep that's already yielded over $2 billion in fines.
February 22
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The arrangement is designed to benefit commercial clients of both banks that operate on multiple continents. The companies reached the arrangement as part of the recent sale of Bank of the West.
February 22
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House majority whip Rep. Tom Emmer, R-Minn., introduced a similar bill last year before joining House leadership in this Congress.
February 22
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Derrick Bailey, the Ohio credit union's president, will become chief executive as expected. He will succeed Leslie Bumgarner, who announced her plans to retire last year, on July 1.
February 22
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Visa's strategy of devaluing data applies not just to its payment workflows but across the business. Visa Chief Risk Officer Paul Fabara shares more about this approach and four other cyber risk principles he follows.
February 22
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The move comes after rivals Bank of America and Goldman Sachs Group cut CEO pay, while JPMorgan Chase and Wells Fargo left theirs unchanged.
February 22
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Customers will enter or modify their financial goals in Life Sync, which will immediately alert their financial advisor.
February 22
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The terminal maker's collaboration with Splitit, Klarna and biometrics firm Fujitsu Frontech are an attempt to go beyond the limitations of traditional payments hardware.
February 22
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Digital asset startup MoonPay has appointed former Coinbase executive Asiff Hirji as its new president and chief operating officer. Hirji aims to continue the company's push into the nonfungible token market.
February 22
