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While the banking industry has applauded regulators’ effort, community groups say the proposal needs to be reworked or it will hurt those the law was meant to help.December 15
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Under Monaco's leadership, Citi has ranked as the top investment bank to governments and governmental organizations in four out of the past five years.September 22
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Seeking to expand financial services access, tribal officials and some firms want regulators to award Community Reinvestment Act credit to any bank that funds projects in Native American communities.September 2
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Many oppose a metric-based approach, but there are ways it could actually work.July 12
Policy analystCato Institute
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The central bank gathered feedback in nearly 30 roundtable discussions about regulators' efforts to modernize the 1977 law.June 13
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Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.May 3
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Expected to close this week, the deal would value the company at an amount similar to the $4.3 billion valuation of its 2017 funding round.April 29
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Its move into new states will allow the nation’s largest bank to pursue the loan and deposit business of more state and local governments.March 7
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The comptroller of the currency also addressed, in his role as acting FHFA head, whether Congress or the Trump administration will spearhead GSE reform.February 7
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One of the biggest sticking points as regulators try to reform the Community Reinvestment Act is expanding the assessment footprint but ensuring banks continue to serve their direct communities.November 1
