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A British court throws out Serious Fraud Office charges that the bank conspired with Qatari investors to prop it up; investigators open 70 cases against potentially fraudulent cyber deals.
May 22
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James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.
May 22
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The Asian-American bank agreed to buy SWNB Bancorp for $77 million.
May 22
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CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again.
May 21
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The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences.
May 21
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A number of credit unions and banks have been accused of operating websites that violate the Americans with Disabilities Act. Here’s why trial lawyers are targeting them and are expected to sue more.
May 21
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An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator.
May 21
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The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.
May 21
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The CFPB policy was aimed at preventing discriminatory markups on indirect loans made by car dealers, but current acting CFPB Director Mick Mulvaney said the guidance "seemed like a solution in search of a problem."
May 21
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Traditional credit scoring is under siege from alternative underwriting, and TransUnion is joining the future by investing in other emerging trends such as mobile device security and health care payments.
May 21
