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Cutbacks coincide with drop in car sales; capital markets expected to lose 200,000 jobs net to artificial intelligence.
May 4 -
Senate votes 61-37 to confirm Trump's choice of Wall Street lawyer as head of securities agency; House Financial Services Committee to vote Wednesday on bill to rollback Dodd-Frank.
May 3 -
The president may soon replace Thomas Curry as bank regulator with an interim appointment; Supreme Court says city can sue B of A and Wells Fargo over predatory lending.
May 2 -
Despite measures taken by the messaging service, banks are still responsible for their own cybersecurity; banks want easing of “operational risk” rules.
May 1 -
Proxy advisor firm says shareholders should abstain – but not vote against – Jes Staley at bank's May 10 meeting; shareholder alleges Wells targeted illegal aliens in phony accounts scheme.
April 28 -
Insiders at regional and community banks have sold $1.4 billion of their own stock since the election; the corporate tax rate changes will hurt then help banks.
April 27 -
Shareholders reelected all of the bank's directors, though some got only slightly more than 50% approval; exchanges having trouble processing deals in dollars.
April 26 -
The FDIC and the Fed approve the bank's living will and remove growth limits; former employees of failed banks like IndyMac and Wamu still have fond memories.
April 25 -
The bank said it will cover more customers harmed by its sales tactics; one analyst preaches patience on blockchain while a report sees explosive growth.
April 24 -
Stock plunges more than 50% after CFPB, states sue subprime loan servicer for allegedly abusing customers; regional bank looks to underprice Amex and JPMorgan's upscale credit cards.
April 21