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NCR Corp.’s stock tumbled the most in two years after saying it received allegations about business practices that might violate U.S. laws.
August 14 -
The debate inside the Republican Party over the future of Fannie Mae and Freddie Mac has taken a right turn with Mitt Romney's selection of Rep. Paul Ryan as his running mate.
August 14 -
Chicago Mayor Rahm Emanuel on Tuesday shot down the idea of using eminent domain to seize underwater mortgages, the Chicago Tribune reported.
August 14 -
Britain's Standard Chartered Bank will pay $340 million to settle claims that it laundered hundreds of billions of dollars in illegal foreign transactions for Iran and other parties.
August 14 -
The smattering of data showing an upsurge in lending activity now includes the statistical reporting required under the Community Reinvestment Act.
August 14 -
The battle between retailers, issuers and the major card networks rages on, but behind the scenes, small electronic funds transfer networks suddenly have become more relevant in driving down payment-acceptance costs.
August 14 -
Dodd-Frank just turned two, but it'll be old before its time writes Dimitri B. Papadimitriou of Bard College. The legislation falls prey to the same flaw of most financial regulation: aiming to solve the last crisis instead of the next, he argues.
August 14
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Money funds and non-deposit-taking consumer lenders should be chartered as limited purpose banks by the Fed and CFPB, respectively. This will reduce systemic risk, improve consistency and efficiency, and protect consumers.
August 14
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The unexpected retirement of Julie Williams, the Office of the Comptroller of the Currency's second-in-command, raises questions about whether the move was forced and what it says about the agency's future direction.
August 14 -
Three former employees at JPMorgan Chase & Co. branches pleaded guilty on Monday to using the identities of Puerto Rican customers to file fraudulent tax returns.
August 14




