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Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers, but any impact on credit unions remains to be seen.
May 22
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U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.
May 22
American Banker -
Banks were helped by better loan spreads thanks to higher net interest margins, but the recently enacted tax cut helped boost profits by 27% from a year earlier.
May 22
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The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial.
May 22
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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
