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In a sharply worded message to staff, Lloyd Blankfein, Goldman Sachs' longtime head, broke with the Trump administration over its controversial attempt to crack down on immigration.
January 30 -
By cutting back on paperwork requirements and regulatory red tape, policymakers can unleash the power of community banks to spur lending and economic growth.
January 30
Calvert Advisors LLC -
Citi is close to deals to sell its customer and non-customer servicing portfolios; Wells tries to limit investor resolutions in its annual meeting proxy materials.
January 30 -
The CFPB several years ago announced plans to introduce formal rules for prepaid cards. Issuers were optimistic, but when the agency finally published its rules, they exceeded 1,600 pages and contained some surprises.
January 30 -
Congress has proposed repealing the Durbin Amendment, a move that would be costly to small businesses which have benefited from the reform.
January 30
Arkansas Grocers and Retail Merchants Association -
If offering a national regulation option to fintech players is the carrot, compliance with commonsense borrower protections could be the stick in promoting responsible financial innovation.
January 29
Harvard Business School -
Despite their global reach, the largest U.S. banks mostly stayed quiet in response to President Trump’s ban stopping nationals from certain Muslim countries from entering the United States.
January 29 -
The failure of Seaway Bank, once the nation's biggest black-owned bank, cost the FDIC $57.2 million.
January 27 -
If underwriting standards at other lenders begin to fall, how will CUs respond?
January 27 -
The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.
January 27






