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JPMorgan Chase CEO Jamie Dimon expressed even deeper concern Wednesday about the likelihood of an economic downturn than he has in recent months. Wells Fargo CEO Charlie Scharf was less pessimistic, but he still spoke of the “reality that the economy has to slow.”
- AB - Policy & Regulation
On the issue of large regional mergers, former FDIC heads Sheila Bair and Thomas Hoenig said that presuming banks with more than $100 billion of assets are systemically important is “regulatory overreach.”
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Increased interest income would boost lending profitability, but only if borrowers are confident enough in the economy to take out loans. And that's just one of the issues hammering banks' shares.
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Scammers are using age-old tactics like phishing to take advantage of the uncertainty — and panic — stemming from the recent price swings of several prominent digital currencies.
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Tandym, headed by a former Capital One executive, is rolling out a digital private-label credit card program that ties into sellers' loyalty programs. It has $60 million in backing from investors including Google’s AI-focused venture fund Gradient.
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Companies on the Best Places to Work in Fintech list offer sabbaticals or generous vacation time, which helps attract young talent and lets veteran employees re-energize.


















