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WASHINGTON Hundreds of lawmakers from both sides of the political aisle are pushing for the Consumer Financial Protection Bureau to grant a grace period for credit unions. banks and other lenders to comply with a new mortgage disclosure rule.
May 26 -
Deutsche Bank will pay $55 million to settle U.S. Securities and Exchange Commission claims that it misrepresented the value of derivatives during the financial crisis, materially misstating its accounts.
May 26 -
The Consumer Financial Protection Bureau's use of relatively new authority to punish actors for actions considered "abusive" is picking up steam, though the exact meaning of the term is not always easy to grasp.
May 26 -
The Dallas investment group completed its tender offer for Mechanics Bank last month, culminating a three-year hunt for a target to serve as the base of its roll-up strategy. With that piece in place, the company is looking to buy other banks in northern California
May 26 -
The state has moved against the Embassy Suites hotel chain after one of its hotels was breached, affecting about 17 customers.
May 26 -
Japan's NTT Docomo has become the first mobile network operator to join the Fast IDentity Online Alliance's board of directors.
May 26 -
The Consumer Financial Protection Bureau is planning to issue rules to supervise large installment and vehicle title lenders, according to a recent report.
May 26 -
Visa Europe is opening an innovation hub in Tel Aviv, just weeks after opening its Visa Europe Collab in London.
May 26
