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Online lenders like Aprenita, Payability and Pollen VC have all launched within the last 13 months to fill a need they say is not being met by traditional banks, and only partially by venture capitalists and invoice-financing companies.
January 19 -
International events like the Davos economic forum should remind business leaders of the importance of being stewards and of having workforce diversity.
January 19
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An international regulatory body said this week that they are looking at setting new, enhanced leverage ratio requirements for the largest global banks, a move that echoes the higher standards in the U.S.' supplemental leverage ratio and demonstrates why going beyond international accords can influence the rest of the world.
January 14 -
Financial services issues that helped define a presidency were largely absent from Tuesday's State of the Union address, including the crucial policy items that have not yet been resolved.
January 14
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The conventional wisdom is that MetLife is breaking itself up partly as a response to its designation as a systemically important company. But there is significant evidence that's wrong here's why.
January 13 -
The insurance giant MetLife dropped a bombshell on Tuesday, saying it would separate a "substantial portion" of its U.S. retail segment, in part because of the current economic and regulatory environment.
January 12 -
MetLife plans to separate much of its U.S. retail business as Chief Executive Officer Steve Kandarian works to shrink the company to limit federal oversight.
January 12 -
Convictions of big banks have lacked any tangible consequences for perpetrators, leaving many still doubting that the government is serious about prosecuting large firms.
January 12
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Fundation Group, an online small-business lender, has hired an industry veteran as its first chief operating officer.
January 11 -
M&A momentum is building, even among larger banks that have been sidelined for years.
January 10 -
For all the attention nonbank fintech firms get, they still have a long way to go before winning over key customer segments, such as business banking customers.
January 8
Bill.com -
In theory, Sen. Bernie Sanders' plan to use Section 121 of the Dodd-Frank Act to break up the big banks sounds plausible. In practice, it won't ever happen. Here's why.
January 7IntraFi Network -
Sen. Richard Shelby's bill changing how regulators gauge if a bank is "systemic" would refocus post-crisis policy on institutions that pose the greatest threat.
January 7
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The Seattle-based tech giant, in its latest foray into the financial services business, has begun offering installment loans to British consumers.
January 6 -
After enduring a slew of post-crisis scandals, bankers are beginning to see the light on becoming stewards of their organizations.
January 6
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In a speech in New York City, Sanders vowed to remove the ability of the Federal Reserve to pay interest to banks for their excess reserves, turn the credit rating agencies into nonprofits, allow the U.S. Postal Service to offer bank products, and cap ATM fees and interest rates for loans.
January 5 -
The Financial Stability Oversight Council will face critical tests in 2016, including a lawsuit over its designation of MetLife as a systemically important nonbank and whether it will de-designate GE as a SIFI.
January 5 -
CommonBond, a New York firm that makes student loans through an online platform, said Tuesday that it has raised more than $275 million in debt funding from Barclays and others.
January 5 -
U.S. judge rejects Quicken Loans' effort to move FHA loan case to Detroit courtroom.
January 4 -
The Dodd-Frank Act is a burden on community banks and credit unions but regulators are struggling to quantify the costs, according to a report released Wednesday by the Government Accountability Office.
December 31





