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Consumer advocates are urging the Consumer Financial Protection Bureau to strengthen its proposal to rein in payday lending, arguing it would still allow borrowers to be abused.
June 13 -
The Federal Deposit Insurance Corp. was able to access emails between staff at the agency's Office of Inspector General in a possible violation of the watchdog agency's independence, the FDIC confirmed Monday.
June 13 -
Small-business lenders are scrambling for financing to accommodate a possible real-estate-related borrowing surge once a key federal rule change takes effect next week.
June 13
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Bank of New York Mellon will pay a $30 million penalty to the U.S. Securities and Exchange Commission in a settlement related to the bank's pricing of foreign-exchange transitions.
June 13 -
First NBC Bank Holding in New Orleans, which delayed the release of its 2015 annual report earlier this year, said it has submitted a plan to Nasdaq to get back on schedule with its filing of financial statements.
June 13 -
The Federal Reserve Board is getting an earful from critics within and without the financial industry over its proposal to limit banks' credit exposures to a single entity.
June 13 -
WASHINGTON Ripple Labs obtained a virtual currency license from the New York State Department of Financial Services on Monday, making it the fourth company with a BitLicense.
June 13 -
Even if the lower-court decision against the Financial Stability Oversight Council is upheld, there remains a compelling case to reform how the council designates large nonbank firms.
June 13
Investment Company Institute -
WASHINGTON The Federal Reserve and Federal Deposit Insurance Corp. announced Friday that 84 foreign banks with limited U.S. operations will be able to file more condensed resolution plans, decreasing the administrative burden and cost.
June 10 -
WASHINGTON A House committee probing the Federal Deposit Insurance Corp.'s cybersecurity practices has accused the agency of accessing internal documents from the FDIC's inspector general.
June 10
