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The House Financial Services Committee passed a bill along party lines to require global systemically important banks to submit new annual reports on activities to the Fed.
June 23 -
The president will oust Federal Housing Finance Agency Director Mark Calabria, a Trump appointee, now that the high court says the chief executive can do so at will. It's "critical that the agency implement the administration’s housing policies," said a White House official.
June 23 -
How technology is enabling new types of payment transmission and what this means for banking.
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The justices on Wednesday threw out a key part of a challenge brought by firms including Paulson & Co., Pershing Square Capital Management and Fairholme Funds to the government’s collection of more than $100 billion in profits from Fannie Mae and Freddie Mac.
June 23 -
Under federal health plans, categories like dental still have steep out-of-pocket costs, creating opportunities for companies like Sunbit and Ally Lending to provide options at the point of care.
June 23 -
A majority of the justices concluded that the law establishing the Federal Housing Finance Agency violated the Constitution when it said a president may only remove the agency's chief "for cause."
June 23 -
The fintech specializes in lending to dentists, veterinarians and other solo providers looking to grow or establish their own practice.
June 22 -
Sunwest Bank in Irvine, California, lets business customers open new checking accounts completely online, a technology challenge some large and regional financial institutions have yet to tackle.
June 22 -
In buying the $1.5 billion-asset County Bancorp, Nicolet would become the second-largest bank in Wisconsin and the state’s No. 1 dairy lender. It's the second bank acquisition deal Nicolet has announced this quarter.
June 22 -
Most credit unions don’t offer planning services, and affiliating with the No. 1 IBD could help CUNA Brokerage change that, the firm’s president says.
June 22