Postal banking won’t deliver for USPS
U.S. Post Office worker, postal banking, mailman, postman
Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

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Warren wants answers from Wells Fargo on closed-account fees
Pedestrians walk past a Wells Fargo bank branch in Los Angeles.
After a news report said the bank kept alive accounts customers thought they had closed, Sen. Elizabeth Warren told acting CEO Allen Parker in a letter that Wells is "still fundamentally broken."

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Capital One to buy tech-focused investment bank
Capital One branch
Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.

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Water shortages are becoming a banking problem
States categorized by so-called 'baseline water stress'
Recent studies offer a dire outlook for water levels in drought-prone states. Some banks are bracing for this risk with changes to underwriting of real-estate-related loans.

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Taxpayers are the GSEs' true stockholders
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Complaints made by legacy shareholders of Freddie Mac have no value after the Treasury Department pumped up Freddie and Fannie Mae through conservatorship.

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Warren: Trump DOJ settlements let big banks off easy
Sen. Elizabeth Warren
Following an article by American Banker and ProPublica that detailed how political appointees weakened the penalties paid by two large banks, the Massachusetts senator is demanding more information from the Justice Department.

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Restaurant business is giving lenders indigestion
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As a growing number of chains go bankrupt, loan charge-offs are rising.

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Rival South Florida banks team up to go after bigger fish
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Professional Bank and Marquis Bank, both of Coral Gables, have been competing against each other for more than a decade. Now they are merging in hopes of landing larger clients and making better use of technology being developed in Professional's innovation lab.

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Bankers turn curiously optimistic about the economy
Promontory Interfinancial Network's Bank Confidence Index
Competition for deposits is tight, the outlook for loan demand is uncertain, and regulatory relief is slow-moving. Yet community bankers are feeling better about the economy than they have in two years, a Promontory Interfinancial Network survey found.

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What's left of the Volcker Rule after the final rewrite?
FDIC Chairman Martin Gruenberg
After two regulatory agencies adopted final revisions to the rule, Dodd-Frank defenders expressed concern that the amendments to the proprietary trading ban undermined the post-crisis statute.

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