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Banking and affordable housing advocates are encouraged by a provision in the tax reform legislation that could increase investment in underserved communities by allowing investors to defer capital gains taxes when they reinvest in federally chartered Opportunity Funds.
March 6 -
Two groups have announced plans to open banks in the state, and several others have had talks with regulators. Is there room for more?
March 6 -
WorldRemit's ambitious goals for its U.S. payment operations say a lot about how immigrants here are changing as customers — they’re digitally savvy, connected and mobile-ready.
March 6 -
The Minneapolis bank has been operating since October 2015 under a consent agreement that stemmed from deficiencies in its efforts to combat money laundering.
March 6 -
On the eve of a crucial Senate vote to roll back parts of the Dodd-Frank Act, the divide between progressive and moderate Democrats on regulatory relief has never been starker.
March 6 -
Coinbase Inc. was slapped with a pair of lawsuits by disgruntled consumers, one alleging insider trading by employees at the giant digital currency exchange and the other accusing the company of failing to deliver cryptocurrencies to people who didn’t have accounts.
March 6 -
Foreign inflows are distorting Canada's already constrained housing market and aren't the kind of investment the country needs, the chief executive officer of Royal Bank of Canada said.
March 6 -
The World Economic Forum said the effort is designed to strengthen fintech cybersecurity.
March 6 -
Wells Fargo agreed to publicly report on the root causes that led to a rash of ethical lapses in recent years, a group of investors, led by the Interfaith Center on Corporate Responsibility, said.
March 6 -
At CUNA’s GAC, one credit union leader explained that CUs need blockchain and distributed ledger technology now for the same reason they needed websites in the '90s -- even if the technology is confusing, it's going to be a big deal sooner than you think.
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