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Regions, Citizens, BMO and others are adopting principles IBM unveiled at Davos.February 21
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Ally Financial's recently announced $2.65 billion cash-and-stock deal for CardWorks, which offers unsecured credit cards among other products, places a high price tag on a traditionally risky product.February 21
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Goldman Sachs pledged in late 2019 to stop financing projects in coal and Arctic oil exploration. Activist groups and Democratic senators say other large institutions should do the same given the economic and environmental risks from climate change.February 19
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Investors are reacting skeptically to the auto lender's deal to acquire CardWorks for $2.65 billion.February 19
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There's much bank executives can learn from the 737 Max and Deepwater Horizon catastrophes, which could have been averted if regulators had been notified sooner.February 18
Founder and CEOPromontory Financial Group
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A New Jersey jury has put banks and other businesses on notice about their liability for incidents involving clients who mistreat employees in the workplace.February 12
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The timing couldn’t be worse for ag and energy lenders as well as global banks, which were all counting on the Chinese market to help bolster commercial lending and fee income.February 4
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The new accounting standard meant to prevent another financial crisis could actually trigger one.January 31
Founder and CEOPromontory Financial Group
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Outages or disruptions of GPS signals — sometimes malicious, sometimes not — could quickly knock out computers, ATMs and card networks.January 29
