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More than two dozen community banks submitted letters to the Federal Reserve expressing concern that its proposed "skinny" payment account framework could put them at a competitive disadvantage.
5m ago -
Ultrawealthy clients looking to reduce taxable estates might consider spousal lifetime access trusts, but too-similar dual trusts can backfire.
21m ago -
The GOP senator's push comes as UBS continues withholding records tied to predecessor Credit Suisse's World War II-era dealings.
1h ago -
CEO Enrique Lores acknowledged interest in the payment company, saying that while PayPal remains focused on its revenue-generating plan, it is "open and objective" about the path forward.
5h ago -
Heading into this week's Federal Open Market Committee meeting, the Fed's core indicators are painting a different picture of the economy than real-time measures, injecting more uncertainty into Wednesday's FOMC meeting than usual.
10h ago -
Research from Cerulli Associates indicates that marketing and referrals are the best ways to bring in new clients. Yet few firms devote much time or money to either.
July 27










