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The agency says it is not cutting its workforce but that the new strategy is necessary because it has an unusually high number of workers near retirement age.
March 5
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Credit union groups are hailing the introduction of a bill to change the bureau’s leadership structure, but similar bills have been introduced in the past and gone nowhere.
March 5
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The banking regulators have announced that they are postponing next week’s National Interagency Community Reinvestment Conference because of growing health concerns about the virus outbreak.
March 5
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The company said it expects to enter into the order with the FDIC and its state regulator later this month.
March 5 -
Banks make emergency preparations as HSBC deals with confirmed case; the changes simplify regulations without posing additional systemic risks, the Fed says.
March 5
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Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers.
March 4
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The rule establishes a measure of capital adequacy meant to simplify how banks are assessed in the Comprehensive Capital Analysis and Review program.
March 4
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The bank’s disclosure of an impending enforcement action shows that the CFPB continues to crack down on aggressive practices that got Wells Fargo in hot water.
March 4
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Leonard Chanin, a senior official at the Federal Deposit Insurance Corp., has been tapped to serve on a part-time basis as the No. 2 official at the Consumer Financial Protection Bureau, according to a news report.
March 4
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Fed makes emergency cut, JPMorgan tests contingency plan; the justices appeared divided on whether to give the president power to fire the agency’s director.
March 4
