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The bank can pay out 40% more than it is expected to earn; the German bank’s stock slide may lead to its removal from a major European bank index.
July 2 -
Proposal would simplify the rule prohibiting proprietary trading; Fiat Chrysler, which accounts for about a third of the unit’s business, may go solo.
May 31 -
While industry officials welcomed a bulletin from the Office of the Comptroller of the Currency encouraging banks to develop alternatives to payday loans, they are making no commitments to offer such products.
May 24 -
A chunk of alternative loan customers are perfectly creditworthy, a report from the credit bureau shows.
May 24 -
It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years.
May 23 -
While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.
May 21MRV Associates -
The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.
May 17 -
JPMorgan and Santander show off their uses for the technology; commercial and industrial loans outstanding are rising.
May 17 -
Auto lenders would be well advised to keep up their guard as states — particularly blue ones — take steps of their own to crack down on what they see as abusive practices.
May 7 -
The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct.
May 2