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A debate is brewing about whether rising rates mean banks must pay more to hold onto deposits from city and county governments — and whether they are worth it. Some would say no question on both counts, while others say it all depends on the financial strategy of the client and how badly the bank needs that client.
February 28 -
NCUA's February prohibitions include individuals who pleaded guilty to charges of theft, extortion and more.
February 28 -
Camden R. Fine and the Independent Community Bankers of America would be better off if they spent more time protecting community banks and less time attacking credit unions.
February 28
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House legislation to reverse a federal court decision on state interest rate caps would increase access to credit, not expand predatory lending as critics have argued.
February 28
The Clearing House Association -
The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery.
February 28 -
The company has fired two additional prime brokerage employees as it continues to investigate accusations of misconduct.
February 28 -
The goal of the competition is to increase diversity in the financial technology industry.
February 28 -
“Why we think we know better or how to protect consumers in your state surprises me,” acting CFPB Director Mick Mulvaney told a group of state attorneys general. “I don’t think we’ll being do much of that anymore.”
February 28 -
New York's banking regulator has asked Deutsche Bank and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter.
February 28 -
Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall housing market.
February 28











