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The chairwoman of the House Financial Services Committee said the panel will be holding its own public hearings on the proposed merger.
May 10 -
The bank may end its venture with First Data to work on its own; State Street and BNY Mellon's fee revenue from investor clients and stock prices are down.
May 10 -
The industry has long complained that gathering the data is confusing and costly but two plans issued by the CFPB could help lighten the burden for a significant portion of credit unions.
May 10 -
Readers weigh in on Wells Fargo's latest efforts to mollify regulators, debate the value of a "mini CFPB" in California, consider proposed changes to the Community Reinvestment Act and more.
May 9 -
The Financial Stability Oversight Council first wanted to target individual nonbanks that are economically risky. Now it wants to target activities instead. Is that a good idea or a political ploy?
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Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.
May 9 -
House lawmakers postponed a committee vote on legislation to require beneficial ownership disclosures, nearly a year after a different anti-money-laundering bill stalled over a similar provision.
May 9 -
Chief Financial Officer Steve App will be succeeded by Bret Edwards, who is now head of the FDIC's division of resolutions and receiverships.
May 9 -
The Financial Stability Oversight Council is shifting away from designating specific nonbanks and moving toward identifying activities that threaten the whole system. But some say that approach just weakens the council.
May 9 -
The credit union regulator’s proposal to raise the threshold for commercial appraisals to $1 million could introduce more risk into the financial system, particularly if bank regulators follow suit.
May 9Appraisal Institute