- Moynihan's call for unity, CFPB payday revamp, Morgan Stanley's AI strategy: Top stories of the week
'There is no division in our industry,' BofA's Moynihan says; why CFPB's payday revamp is an even bigger deal than you think; Morgan Stanley's new data strategy for higher-quality AI; and more from this week's most-read stories.
April 5
-
The lawmakers are questioning the agency about its oversight of student loan servicers involved in a federal loan forgiveness program.
April 5
-
The lawmakers are questioning the agency about its oversight of student loan servicers involved in a federal loan forgiveness program.
April 5 -
Commercial Bank of Ivanovo, in which former North Carolina Representative Charles Taylor owns an 80% stake, regularly broke anti-money-laundering regulations and used “schemes” to artificially inflate its capital, according to a central bank statement.
April 5
-
The Fed should continue to play a key role in the new payments system, rather than leaving it in the hands of the country’s largest banks, Thomas Hoenig and Bruce Summers argue.
April 5
-
Readers react to Sen. Elizabeth Warren's "too big to jail" bill, respond to legislation prohibiting banks from denying service to gun dealers, consider the impact of housing finance reform on small lenders and more.
April 5
-
President Donald Trump said Herman Cain, the former pizza company executive who ran for the 2012 Republican presidential nomination, is being vetted for a seat on the Federal Reserve Board.
April 5
-
He would be the second controversial pick by the president to join the central bank in the past few weeks; the JPM CEO said there are too many “onerous and unnecessary” rules.
April 5
-
Compliance officers should demand better means to quickly gather, organize, and view data regarding accounts and transactions that may be partaking in financial crime, argues Elsa Chan, head of Americas for ComplyAdvantage.
April 5
-
To generate revenue, SoLo Funds depends on consumers willing to front funds through its platform.
April 4
