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The heavy workload is not limited to implementing the financial regulatory reform bill enacted last spring, as the agencies also work to craft reforms of the Community Reinvestment Act and adjust key capital measures for the biggest banks.
October 8
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BNY Mellon snags tech exec from Bank of America as CTO; dissent spreads at CFPB over top aide's writings; Anne Finucane ready to lead BofA's European operations; and more from this week's most-read stories.
October 5
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Speaking at an industry conference Thursday, two tech executives and a community banker said that community banks should be allowed to experiment with new products without worrying about running afoul of regulators.
October 5
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The company is offering short-term installment loans to its clients’ customers; even institutions not accused of wrongdoing may pay a price.
October 5
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Readers weigh in on infighting at the Consumer Financial Protection Bureau, react to a push for open banking in the United States, consider small-dollar bank loans and more.
October 4
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Larry Hoff, retired CEO of Fibre Federal Credit Union, is running for a seat in Washington's state legislature – his first foray into politics.
October 4
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MiCommunity Bancorp would be the first bank to open in Michigan in 10 years.
October 4
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The agency alleges that some customers made payments to the e-commerce group even though their accounts had already been sold to third-party debt buyers.
October 4
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A paper released by the agency’s Center for Financial Research says aspects of someone’s digital footprint — including whether they use Apple or Android — help predict likelihood of default.
October 4
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The central bank’s top regulatory official discussed how the Fed is using listening sessions in isolated communities to understand the effect of losing the one bank in town.
October 4
