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The Transaction Account Guarantee program ran into trouble, a columnist warned of innovation's risk to banks and JPM's Jamie Dimon took to the spotlight.
December 14 -
The Officer of the Comptroller of the Currency is trying to shift big bank execs' focus to risks in areas like governance, operations, internal controls and communications. So far, most are failing.
December 13 -
An Ohio bank's decision to balk at paying dividends to a private investor in its Troubled Asset Relief Program shares may reduce investor interest in future offerings. That could be bad news for the government in its bid to turn a buck on upcoming share sales.
December 12 -
The U.K. banking giant has agreed to pay $1.9 billion to settle U.S. money-laundering charges. Unsettled is whether global banks have the controls to avoid a repeat.
December 11 -
Housing advocates say a gap has opened between the relief the five big mortgage servicers agreed to provide under a $25 billion settlement and what borrowers are seeing on the ground.
December 10 -
Ripple, the latest project of serial disruptor Chris Larsen, aims to be a flexible technology for handling digital payments in any imaginable currency, from bucks to bitcoins to bicycle parts.
December 7 -
At Citigroup, CEO Corbat offers hints of strategic change. U.S. bank gives mobile bill pay a boost. In Washington, a Republican leaves and two Democrats rise.
December 7 -
Chicago will become the first city in the nation to provide the Consumer Financial Protection Bureau with information about local lenders' activities, including potentially fraudulent ones. The CFPB's Richard Cordray hopes other municipalities will follow suit.
December 6 -
New Citigroup chief executive Michael Corbat has moved quickly to pare costs with 11,000 layoffs and a $1 billion charge. The market cheered, but longer term the question remains open whether Citi can shrink its way to prosperity.
December 5








