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Banco Santander stepped in to take over stricken rival Banco Popular Espanol in a deal brokered by regulators that imposes billions of losses on investors.
June 7
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A GOP House Financial Services Committee report alleges that Consumer Financial Protection Bureau Director Richard Cordray lied about the bureau's investigation into the Wells Fargo scandal.
June 6
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The Senate Banking Committee may pass a number of small legislative proposals to help banks and credit unions, but the panel is still figuring out what sort of package can ultimately be agreed upon, top Democrats said Tuesday.
June 6
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The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements.
June 6
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President Trump's nominee to be the No. 2 at the Department of Housing and Urban Development faced tough questions on a proposed $6 billion cut to the department's budget.
June 6
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Ahead of a vote on a bill that would eliminate orderly liquidation authority, supporters of those powers are proposing changes to make OLA more palatable to conservatives.
June 6
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The ICBA backs a plan to recapitalize Fannie and Freddie through retained earnings and public offerings, but other groups see it as a self-interested proposal to help GSE stockholders.
June 6
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As payments get more complex, money laundering and other risks increase. Audits and advanced regulatory technology can help companies keep up, writes Performline CEO Alex Baydin.
June 6
Performline -
Given Jamie Dimon’s stature in banking, it’s unlikely that the longtime CEO's role on the advisory panel of a controversial president could tarnish JPMorgan Chase's reputation. But his involvement nonetheless carries an element of political risk.
June 5
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While a House bill expected to be passed this week has little chance in the Senate, some of its individual provisions could be enacted by Congress, including one aimed at banks' systemic threshold.
June 5
