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Wells Fargo has separated the roles of chairman and CEO and, as annual meeting season approaches, other large and regional banks could find themselves under pressure to follow suit.
January 10
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In oral arguments held before the Supreme Court Tuesday, liberal justices appeared to struggle with plaintiffs' argument that state bans on credit card surcharges violate retailers' free speech, while the bench's conservatives appeared concerned about how states apply those bans.
January 10
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Jeffrey Lacker, who has served as President of the Federal Reserve Bank of Richmond since 2004, announced Tuesday that he is retiring after 28 years of service at the bank.
January 10 -
Two Republican senators sent a letter to Vice President-elect Mike Pence calling for the removal of Consumer Financial Protection Bureau Director Richard Cordray.
January 10 -
Two Republican senators sent a letter to Vice President-elect Mike Pence calling for the removal of Consumer Financial Protection Bureau Director Richard Cordray.
January 10 -
The Dodd-Frank Act is just the latest in a long string of policy out of Washington that harmed the greatest banking system devised by man.
January 10
Louisiana Bankers Association -
DTCC Moving to the Blockchain; Goldman hires Wiesel as tech chief; Donald Trump's team divided
January 10 -
Two influential Democratic senators' surprise objections to the OCC's fintech charter show that the initiative may be more politically fraught than the industry and agency expected.
January 9
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The Federal Housing Administration said it would cut the annual premium by 25 basis points starting on Jan. 27, giving President-elect Donald Trump a limited window to delay or scrap the cut.
January 9
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In a letter Monday to Comptroller Thomas Curry, Sens. Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., registered their strong opposition to the concept of the charter, which would allow certain types of fintech companies to avoid state licensing requirements by obtaining a limited-purpose national bank charter.
January 9
