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The Treasury Department plans to auction seven more lenders' Troubled Asset Relief Program shares, with a total face value of about $90 million.
November 4 -
No market should over-rely on one entity. But references in regulations and lending guidelines to the dominant credit score provider have created unintentional government brand endorsement and blocked new entrants.
November 4
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Taylor Capital Group (TAYC) in Chicago is buying back its outstanding Troubled Asset Relief Program shares as it waits to close its sale to MB Financial (MBFI).
November 4 -
JPMorgan Chase said that the Justice Department is conducting at least eight separate investigations into the bank's activities, ranging from recruitment in Asia to its relationship with Ponzi scheme operator Bernard Madoff.
November 1 -
Stopping a proposed requirement that banks offer "plain-vanilla" credit products was an industry victory in the run-up to Dodd-Frank, but many believe it still survived.
November 1 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
November 1
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Thirty U.S. financial institutions on Friday received a new batch of instructions to perform their annual stress test exercise next year, the Federal Reserve Board said. Unlike last year, however, the Fed added a few changes given its ongoing concern tied to securities financing transactions.
November 1 -
The head of the state bank supervisors' group said he sees a quiet push to "reform our regulatory structure to better reflect the business models of our largest banks."
November 1 -
The New York branch of Pakistani firm United Bank Limited has been ordered to strengthen oversight of its international remittance services to better comply with federal anti-money-laundering regulations.
November 1



