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When the government backs any system, the beneficiaries have only limited interest in the risks they are taking. Senators Corker and Warner have fallen into this trap.
June 17
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Tristan O'Tierney, one of Square's team of co-founders is leaving the mobile payments company after four years.
June 17 -
FirstBank (FBMI) in Alma, Mich., has redeemed its remaining shares issued in exchange for funds through the Troubled Asset Relief Program.
June 17 -
The chairman and CEO of JPMorgan Chase has spent months fending off critics of his leadership skills. Now he's dispensing advice about those skills on LinkedIn.
June 17 -
Heritage Commerce (HTBK) in San Jose, Calif., plans to redeem $9 million of debt and exit the Troubled Asset Relief Program.
June 17 -
Heartland Financial USA (HTLF) in Dubuque, Iowa, has named a veteran executive as interim chief financial officer.
June 17 -
A fair-housing case provides the industry an opportunity to stamp out the longstanding legal theory that there can be lending discrimination without evidence of intent.
June 17 -
JPMorgan Chase (JPM) must defend itself against allegations that it charged millions of dollars in improper fees to mortgage borrowers who were in default, a federal judge has ruled.
June 17 -
Social channels may encourage complaints, but it is in banks best interests to publicly demonstrate they are fixing the problem.
June 17 -
Corporate cardholders have complex needs, Citi Commercial Cards has learned in developing its mobile corporate card portal.
June 17
