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Former Consumer Financial Protection Bureau boss Raj Date is lining up a seasoned team of banking executives to try to revive the subprime credit card market. For the banks his firm is seeking to partner with, the question is whether the potential profits justify the risks. American Banker staffers discuss.
February 10
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While waiting for regulators to fully understand the effects, small banks should proactively take measures to prepare themselves from the Volcker rule, just like their larger counterparts.
February 10
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Financial software company Misys has boosted its retail banking offerings by purchasing IND Group for an undisclosed price.
February 10 -
CUNA is confirming what several analysts have already told Credit Union Journal: that NCUA's proposed new risk-based capital rule will cost many credit unions a lot more to maintain healthy capital cushions needed for growth-in fact, a net $7.3 billion more.
February 10 -
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Banks are looking at a regulatory plan to dramatically expand the data collected on mortgages as a potential ally in their battle to ease separate rules that they say will curb access to credit.
February 7 -
Researchers for the U.S. Postal Service inspector general's office are making the case that an agency rooted in delivering mail and selling stamps can help Bitcoin go mainstream.
February 7 -
Sen. Elizabeth Warren, D-Mass., continued her drumbeat this week to send bankers to prison, warning regulators that their lax enforcement is encouraging banks to keep breaking the law.
February 7 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
February 7
