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A lawsuit filed by a New Jersey branch employee who was fired in 2016 includes detailed allegations about the pressure that front-line workers faced to meet monthly sales targets. The case is scheduled to go to trial in February.
November 20 -
Five Democrats running for president support the legislation introduced Wednesday that would require the central bank to form an advisory group to analyze how climate change would affect the financial system.
November 20 -
The Comptroller of the Currency said the Federal Reserve had disagreements with the metrics of a pending proposal to revamp the Community Reinvestment Act.
November 20 -
The Federal Housing Finance Agency is scrapping a capital proposal it released last year and will seek comments on a new plan in 2020.
November 19 -
The proposal would allow applicants with minor criminal records to work in the banking industry.
November 19 -
Rules related to custody banking, commercial real estate and derivatives were among the last required under last year’s regulatory relief law.
November 19 -
The company is reportedly paying bonuses to get retailers to accept its cards; both sides offer different take of rare get-together.
November 19 -
The financial policy views of progressive candidates atop the presidential field are sure to worry many in the financial services industry, but it would be difficult for any new president to implement sweeping regulatory changes.
November 19 -
The 2015 decision posed new legal challenges for institutions trying to sell loans to third parties, but the federal regulatory agency proposed steps Monday for banks and debt parties to evade state interest rate caps.
November 18 -
Former Comptroller Thomas Curry, who initially proposed the special charter now blocked by a judge, calls on policymakers to find another way to regulate financial tech startups.
November 18Nutter McClennen & Fish