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The lawsuit claims that the board didn't properly supervisor management, which allowed former CEO Edward Rostohar to embezzle more than $40 million.
August 14 -
The Massachusetts Democrat is questioning a claim by the agency about the amount of redress available to those affected by the credit bureau's 2017 data breach.
August 14 -
Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage.
August 14Mercatus Center at George Mason University -
Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.
August 14 -
The regulator of the government-sponsored enterprises retreated from an earlier proposal that had barred VantageScore because of its ties to the credit bureaus.
August 13 -
Critics of the Dodd-Frank provision are likely heartened by indications that policymakers may soon finalize a more bank-friendly version of the trading ban, but that relief could come at a price.
August 13American Banker -
Borrower debt continues to rise, late payments are up and interest rates are at their highest levels since at least 1994. A new report raises questions about the sustainability of the card industry's boom.
August 13 -
Wall Street watchdogs are poised to take a major step toward overhauling limits on banks’ ability to trade with their own funds, according to people familiar with the effort.
August 13 -
The technology can help banks get the most out of the vast amounts of information at their disposal.
August 13Sinequa -
Bank shares are down more than 9% this month; the Fed has never imposed the countercyclical capital buffer before.
August 13