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The bank also agreed to pay a $5 million fine to settle allegations over how it obtained consumers' consent.
July 20 -
Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?
July 20 -
Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual harassment claims.
July 20
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The federal bank regulators are considering roughly a dozen new rulemakings in response to the bill rolling back certain sections of Dodd-Frank.
July 20 -
The commercial that shows a landlord using Apple Pay Cash and iMessage to pry rent out of a tenant is meant to elicit a chuckle, but it also shows how P2P providers must aggressively communicate the capabilities of their apps.
July 20 -
The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.
July 20 -
Citi and other banks are investing in automation aimed at speeding up the old-fashioned process for institutional clients' receivables and payables.
July 20 -
The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.
July 20 -
The House appropriations bill would also expedite the appeals process for CFPB examination decisions and reduce the number of times big banks must submit resolution plans to every two years.
July 20 -
That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.
July 20 -
State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.
July 20 -
The agency’s consumer complaints database must remain available to the public to help prevent further abuses.
July 20
Center for Responsible Lending -
Digital payments are becoming a critical aspect of nearly every new service for merchants or financial institutions.
July 20 -
Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.
July 20 -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
July 20 -
A provision in a bill aimed at strengthening financial options for members of the military currently excludes defense-based credit unions.
July 20 -
Credit card and auto loans grew again in the second quarter at the McLean, Va., company, and the net charge-off rates of both business lines fell, too.
July 19 -
Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more.
July 19 -
To improve videoconferencing adoption, banks are advised to focus on one particular group of clients.
July 19 -
It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why.
July 19
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