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The Consumer Financial Protection Bureau issued only 20 enforcement actions in 2022, but some observers say the enforcement numbers belie the results that director Rohit Chopra is getting from other ways of holding companies accountable.
June 5
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The parent of the $1.1 billion-asset CBI Bank & Trust said it would buy McLaughlin Holding and its SENB Bank unit.
June 5
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If history is any guide, periods of disruption in the industry are followed by regulatory resets, which in turn force banks to compete for the talent needed to meet new compliance demands.
June 5
Russell Reynolds Associates -
Both loan demand and credit availability have contracted sharply, according to senior executives at several of the nation's largest banks. Their comments came against the specter of a potential recession.
June 4
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Javice has asked a Delaware federal judge overseeing JPMorgan's fraud lawsuit against her to allow her to demand documents from the bank and firms that advised it on the $175 million acquisition of her college loan planning site.
June 2
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The state's law does not cap rates at the level preferred by consumer advocates, but it does limit the availability of payday loans that carry annual percentage rates between 36% and 50%.
June 2
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C.S. Venkatakrishnan told his investment bankers that he would continue to invest in the unit, as the lender looks to stem a slew of recent departures in New York.
June 2
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Old National relocates Louisville office following mass shooting in April, American Express brings back $1 million in grants for historic eateries, Adyen speeds payouts for gig workers and more in this week's banking news roundup.
June 2
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In a vote of confidence in the industry, insiders aggressively bought shares of their own companies after a crisis sparked the collapse of four regional lenders earlier this year.
June 2
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The resilience of the largest banks around the world is considered essential to the ongoing safe functioning of the global financial system.
June 2
