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The agency says the subprime auto lender pledged the same car loans to several lenders and bond deals at once, leaving investors owed about $945 million.
5h ago -
As the fintech IPO market is on pause and the total number of deals decreases, select firms are still collecting sizable equity checks from private investors.
5h ago -
Most Americans have been at least targeted by fraudsters, and as AI technology gets better the frauds are going to be harder to stop.
5h ago -
Banks, credit unions and supervisors told the Federal Financial Institutions Examination Council that the legal ambiguity of "material financial risk" in the agency's supervisory rating proposal will create problems for banks and regulators down the road.
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Industry consultants recommend steps RIAs in Schwab's referral network can take if they're worried about competition for clients.
August 19 -
T-shaped teams help banks measure AI impact by defining outcomes upfront, tracing results to AI and rolling them into business impact at the enterprise level.
August 19










