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After a year of trying to appease U.S. regulators, Ant Financial and MoneyGram have terminated their merger agreement, challenging the Chinese company's strategy for global expansion.

The Lower East Side People’s Credit Union filed a suit against President Trump over his appointment of Mick Mulvaney as the CFPB's acting director.

The banks announced bonuses, wage hikes and charitable contributions resulting from the lower corporate tax rate enacted by Congress.

If acting CFPB Director Mick Mulvaney ultimately prevails in the lawsuit challenging his position, he is expected to continue implementing the most significant changes to the agency in its six-year history.

Fannie Mae's serious delinquency rate climbed to a high not seen since March 2017, but remained lower than it was 12 months prior.

The rise of e-commerce is hollowing out shopping malls and strip centers, but it is also creating new interesting opportunities for commercial real estate developers and lenders.

Finding a perfect candidate could be tricky. Because the New York Fed oversees banks and operates in markets, someone with Wall Street experience is ideal — yet at the same time, it’s important to find a candidate who isn’t beholden to the banks. Some advisers are pushing for a woman or a minority to be appointed.

The assessment from the central bank means MidSouth faces restrictions on board appointments and executive duties. Last year the OCC called the Louisiana company a "troubled institution."

But bank will benefit long-term from tax reform; judge says accounting firm failed to detect mortgage fraud that did in Colonial Bank.

The recent explosion of activity around biometrics and other new forms of authentication should seem like a good thing for the development of connected commerce. But right now it's more of a wild west that needs to be tamed.

Oriental Bank in San Juan was ordered to pay just over $153,000 for failing to notify borrowers that they were required to purchase flood insurance. The fine was one of several November enforcement actions made public Friday by the FDIC.

In his current position as chair of the National Credit Union Administration, J. Mark McWatters has publicly advocated for cutting back the CFPB’s oversight of the credit union industry.

A regulatory relief package is likely to come out of the Senate in the new year, and lawmakers could follow it up with a housing finance reform push. But the midterm elections could cause some reform initiatives to grind to a halt.

The Protocol for Broker Recruiting, signed in 2004, was designed to mitigate lawsuits when advisers left to join a competitor. Recent high-profile defections have raised concerns that the accord could unravel.

Banks' embrace of open-source development could eventually go beyond creating tools and apps — to something far more radical.

Increases in charitable donations will be more important than ever for bank reputations, as tax breaks and a lighter touch from financial regulators rekindle public anger about the financial crisis.

All three are forbidden from having anything to do with the affairs of a federally insured financial institution.

Credit card debt hit $807 billion in the fourth quarter of 2016, with consumer balances on average exceeding $4,800, according to a report released by the Consumer Financial Protection Bureau.

The GSEs are on their way to paying back the money they owed the government under the original bailout deal made at the height of the financial crisis, making 2018 an opportune time for an overhaul of the housing finance market.

Executives from across the credit union movement offered a largely positive take on the possible appointment of NCUA Chairman J. Mark McWatters to lead the Consumer Financial Protection Bureau.