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Total System Services expects to complete its $1.4 billion acquisition of NetSpend on July 1, according to a regulatory filing with the Securities and Exchange Commission.
June 24 -
The Supreme Court said Monday it would hear the case that calls into question several recess appointments President Obama made last year, including one that made Richard Cordray the director of the Consumer Financial Protection Bureau.
June 24 -
The Office of the Comptroller of the Currency has taken action against a Missouri bank and freed four others from regulatory actions.
June 24 -
More equity would enable banks to absorb more losses without becoming distressed or needing taxpayer support. Long-term debt is a poor substitute, particularly for the largest banks.
June 24
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Regulators have been intensely negotiating revising a leverage ratio under the Basel III capital rules, prompting speculation about what approach policymakers will take and just how high they may go.
June 21 -
A former bank executive in Georgia has pleaded guilty to charges of defrauding a bank that had received funds from the Troubled Asset Relief Program.
June 21 -
A new Texas law addresses concerns that community banks will suffer if big-box retailers and large banks begin to team up on pricing.
June 21 -
WASHINGTON Republican lawmakers are calling on the Consumer Financial Protection Bureau to explain its rationale behind new fair lending guidelines for auto lenders.
June 21 -
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
June 21
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The predictions have begun about when Federal Reserve Board Chairman Ben Bernanke will step down and what he will do afterward. Here's one humorous theory.
June 21





