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Josh Hinkel, a partner with Bain & Co., discusses the rise of shareholder activism in financial services and how "aggressive" investors are driving higher returns.
February 18
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Lakeland Bancorp in Oak Ridge, N.J., has agreed to buy Harmony Bank in Jackson, N.J.
February 18 -
Banks are enthusiastic about innovation that involves both traditional institutions and nonbanks, but a more cohesive regulatory landscape is needed for cooperation between banks and fintech to grow even more.
February 18
American Bankers Association -
The FTC sent a summary of its 2015 work on debt collection practices to the CFPB to include in the CFPBs annual report to Congress on the Fair Debt Collection Practices Act. The FTC and the CFPB share enforcement responsibilities under the FDCPA.
February 18 -
FCRA and TCPA cases were much higher in January compared with January 2015 (+31.4% and +39.8% respectively) but that follows a multi-year trend for the two statutes that doesnt seem to be easing, according to data collected from U.S. district courts.
February 18 -
Cardless ATMs are still a rare sight in the U.S., but the use cases are proliferating for companies that want to upend traditional cash machines.
February 18 -
The Federal Housing Finance Agency is launching a 10-day social media campaign, #HARPNow, to alert struggling homeowners in 10 states that they can still refinance via the program before it expires at year-end.
February 17 -
About 10% of midsize businesses say they want to develop a relationship with nonbank providers, such as marketplace lenders or business development companies, and even more are said to be considering switching banks.
February 17
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Pathfinder Bancorp in Oswego, N.Y., has exited the Small Business Lending Fund program.
February 17 -
Several money managers increased their holdings in banking companies during the fourth quarter and added new investments in other banks.
February 17
