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Efforts to soften the ban on proprietary trading, now up for debate by regulators, put the country and taxpayers at risk once again.
October 22Better Markets -
Jeff Szyperski wants regulators to update the definitions of assessment areas under the Community Reinvestment Act, and remove 'arbitrary' asset thresholds from bank regulation in general.
October 22 -
Brian Johnson, the agency’s second-in-command, wields much power; Fair Isaac is planning changes to credit scoring to boost approvals.
October 22 -
Banks technically relieved of the “systemically important” label in last spring’s legislative package are lobbying regulators hard over concerns that they could still face tough standards.
October 21 -
Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.
October 19 -
Mona Shand, a former teacher, journalist and communications professional, aims to bring industry priorities to Lansing if she's elected to the state's legislature next month.
October 19 -
A recent study concluded there are first-mover benefits for banks that embrace open banking. But many executives see its risks instead.
October 19 -
Despite being barred from the securities industry by the SEC, LendingClub’s founder has found plenty of people to back his latest venture — and that’s a problem.
October 19 -
Governors in Arkansas, Georgia, Oklahoma, Texas and Wisconsin used International Credit Union day as an opportunity to recognize the industry.
October 19 -
The senator wants the Fed to retain its asset cap on Wells Fargo until the CEO is fired; industry groups call on regulators to reconsider or scrap plans to modify Volcker Rule.
October 19