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Following the regulatory orders against Wells Fargo and the resignation of its CEO, stockholders are likely to ask whether the board has responsibility and even liability for the bank's compliance failures.
November 15Luse Gorman, PC -
Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.
November 15Mercatus Center at George Mason University -
Sen. Elizabeth Warren, D-Mass., delivered a blunt message to fellow Democrats on Monday, warning them not to support efforts to restructure the Consumer Financial Protection Bureau.
November 15 -
Sen. Elizabeth Warren delivered a blunt message to fellow Democrats not to make any deals when it comes to restructuring the Consumer Financial Protection Bureau. But whether the progressive Democrat can hold the line with her colleagues or stave off Republican attempts to rejigger the agency using filibuster reform remains to be seen.
November 14 -
The Clearing House, which is co-owned by the nation’s largest banks, has asked the Justice Department to conduct an antitrust review of its next-generation payments network. A thumbs-up from antitrust officials could prove useful in convincing smaller banks to join the effort.
November 14 -
Region V has the most combined assets of any region nationwide, with higher loan growth than the national average.
November 14 -
Metsger's remarks came during a recent panel discussion that dealt with exams, corporate assessments and refunds, the future of CFPB rulemaking and more.
November 14 -
If the National Credit Union Administration is worried about litigation from the Independent Community Bankers of America in response to its new field of membership rule, it is not showing.
November 14 -
Australia should follow India’s lead and scrap its biggest bank notes, UBS Group AG said.
November 14 -
Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.
November 14