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Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.
October 28 -
As the Federal Reserve prepares for its October meeting, many institutions are waiting to see how the board's actions might impact the ongoing war for deposits.
October 28 -
The regulator of Fannie Mae and Freddie Mac discussed steps the companies have already taken to limit their risk, as well as efforts to prevent housing market “overlap” with the FHA.
October 28 -
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.
October 28
Alliance for Innovative Regulation -
Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.
October 28 -
Concerns over banks’ level of preparation have led to worries about disruptions in the lending market, and some financial institutions warn that a new interest rate benchmark could cause lenders to pull back on credit.
October 27 -
The nation's largest private student lender plans to curtail its use of forbearance, a move that could well save some borrowers money but could also result in more defaults.
October 27 -
Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures.
October 25 -
Why the Toronto bank is focusing on digital features; complaints about credit monitoring plans flood CFPB; the strategies midsize banks are relying on to stimulate growth; and more from this week’s most-read stories.
October 25 -
Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week.
October 25
Modern Money Network









