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MasterCard Inc. asked the European Unions highest court to overturn a regulatory decision on transaction fees that ended its ability to set rates on cross- border credit-card payments.
July 5 -
Foreign banking organizations will need to create massive compliance and reporting systems to handle the Volcker Rule, even if the vast majority of their dealings are done outside its scope.
July 5
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WASHINGTON The Senate Banking Committee said Wednesday that it would hold a hearing July 11 about the progress regulators have made in mitigating systemic risk.
July 3 -
Mortgage disclosures and supervision of non-bank entities will be top concerns for the Consumer Financial Protection Bureau as it enters its third official year of operation, according to its semi-annual rulemaking agenda released Wednesday.
July 3 -
Wal-Mart and Home Depot are among the companies being investigated by the New York attorney general over fees charged employees on prepaid cards used as worker paychecks.
July 3 -
Prudential Financial Inc.'s appeal against a designation that the firm is systemically important is unlikely to succeed, observers said, but could force the Federal Reserve Board to detail more about how it will supervise such companies.
July 3 -
A former president and chief executive of a Tennessee bank is going to prison for bank fraud.
July 3 -
Amazon.com Inc. and 7-Eleven Inc. sued Visa Inc. and MasterCard Inc. over card fees after rejecting a multibillion-dollar settlement in an antitrust case.
July 3 -
The Federal Reserve's Tuesday vote on Basel III capital rules resulted in mostly good news for small banks and a harsh but expected message for large ones. For institutions of all sizes much remains to be decided, however. American Banker's Donna Borak explains.
July 3
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The industry doesn't need to invest millions in further education and legislation. The road to a good credit score is pretty straightforward.
July 3
