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The public face of the Trump administration's revamp of the Consumer Financial Protection Bureau is by no means working alone.
May 7 -
For the second time in a year, the scandal-scarred bank has launched a brand campaign aimed at restoring trust with customers.
May 7 -
The group made its plea in a petition, signed by over 10,000 community bank employees, urging lawmakers to quickly move a bill rather than subject the process to "further delay or inaction."
May 7 -
Today's senior leaders seem more willing than their predecessors to take bold stands on controversial topics, in part because employees and investors expect them to.
May 6 -
Trump-appointed regulators are making headway on easing regulations. But there's one critical voice missing.
May 4 -
The class-action lawsuit filed by investors alleged that bank executives deliberately failed to disclose the full nature of its cross-selling practices to shareholders.
May 4 -
The Federal Reserve’s top regulator says proposed capital changes make system safer while overall capital levels are unchanged.
May 4 -
China's mobile payment lessons for U.S. bankers; Steven Mnuchin's wishful thinking on GSE reform; unpacking Mick Mulvaney's CFPB relocation musings; and more from this week's most-read stories.
May 4 -
Both Republicans and Democrats are making threats against banks that don't take their side on gun control.
May 4IntraFi Network -
Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening.
May 4 -
Financial institutions can begin to reduce the number of rogue employees and put a stop to bad behavior.
May 4
IBM Global Business Services -
The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.
May 4 -
Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening.
May 3 -
The New Jersey mortgage lender and servicer won a huge victory in January when an appeals court threw out its fine levied by the consumer agency, but the court ruled against the claim that the agency's structure is unconstitutional.
May 3 -
Early polling shows that the Massachusetts senator is a strong contender for the White House, setting her up to shape the debate on financial services even if she doesn’t run.
May 2
American Banker -
Which party controls the House next year is still uncertain, but this much is clear: Someone other than Texas Republican Jeb Hensarling will hold the gavel on the Financial Services Committee.
May 2 -
The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct.
May 2 -
The investment bank has asked Rob Rooney, an executive who wore multiple hats at the company, to focus full time on the data-oriented strategy he has devised for its wealth management, capital markets and other functions.
May 1 -
Acting CFPB Director Mick Mulvaney’s staff is selling the move of agency employees as a cost-cutting measure. Don’t buy it.
May 1IntraFi Network -
The acting Consumer Financial Protection Bureau director should be investigated for potential Hatch Act violations following his controversial remarks at a banking industry conference, Senate Democrats said Tuesday.
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