Regulation and compliance
Regulation
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First NBCs annual report disclosed a full-year loss, lower capital levels and a spike in nonperforming loans, leaving outsiders to ponder how long it will take for the company to get back on track.
August 29 -
Kansas City Federal Reserve Bank President Esther George is best known nationally as a critic of the Fed's monetary policy, but in a wide-ranging interview she talks about Dodd-Frank, bank capitalization and the challenges facing community banking, in addition to interest rates.
August 29 -
The era of banks and fintech companies cozying up to each other is in full bloom. Fintechs realize they can better disrupt the industry from within, while banks are looking for partners to help them navigate the digital world. Here's a look at how banks worldwide are buying, investing in and in some cases lending to fintech firms.
August 26 -
WASHINGTON The Financial Crimes Enforcement Network is proposing to extend anti-money-laundering requirements to a limited number of financial institutions that are not already regulated by a federal agency.
August 26 -
Hillary Clinton's proposal for regulatory relief for smaller banks and CUs largely tracks with ideas already discussed, but her backing could keep alive the momentum for a reg relief plan should she win in November.
August 26 -
Hillary Clinton's proposal for regulatory relief for smaller institutions largely tracks with ideas already discussed, but her backing could keep alive the momentum for a reg relief plan should she win in November.
August 26 -
The endorsement of Glass-Steagall in the recent party convention platforms reaffirmed the powerful hold that the principle of separating commercial and investment banking has on the public imagination.
August 26 -
Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received.
August 25 -
The U.S. Chamber of Commerce and 28 other business groups urged the Consumer Financial Protection Bureau to withdraw its proposal on arbitration and "go back to the drawing board." Their joint letter was one of thousands submitted to the agency.
August 25 -
The Credit Union League of Connecticut (CULCT) and CATIC have partnered to provide professional title services to the state's credit unions and their policy-issuing attorneys.
August 25 -
WASHINGTON The American Bankers Association has fired back at a White House research note that argued the Dodd-Frank Act was not driving community bank consolidation.
August 25 -
Federal financial regulators are incorporating lessons learned from the Swift hacks in their examinations, they told a lawmaker in a joint letter last week.
August 25 -
Alibaba Group Holding Ltd.s finance affiliate is considering an initial public offering in Hong Kong in the first half of next year after running into regulatory hurdles for a dual listing that would have included Shanghai, according to people familiar with the matter.
August 25 -
Ant Financial and Tencent Holdings Ltd. have won approval to operate digital wallets for customers in Hong Kong, a significant step in the two Chinese internet giants overseas expansion.
August 25 -
Until recently, credit unions rarely used arbitration clauses, and were praised by consumer advocates for pro-customer practices. But credit unions have learned to embrace the use of arbitration clauses and now oppose the Consumer Protection Bureaus plan to rein them in.
August 24 -
WASHINGTON A federal appeals court has scheduled oral arguments in a case that could have profound implications for the government's ability to designate nonbanks as systemically risky.
August 24 -
Until recently, credit unions rarely used arbitration clauses, and were praised by consumer advocates for pro-customer practices. But credit unions have learned to embrace the use of arbitration clauses and now oppose the Consumer Protection Bureaus plan to rein them in.
August 24 -
Discussions around reinstating the Depression-era law are headline-grabbing, but Glass-Steagall has no merit in our current financial environment.
August 24 -
Credit union insiders cheer Democratic presidential nominees plan outlining how reg relief will benefit credit unions and small businesses alike.
August 24 -
With the Consumer Financial Protection Bureau expected to release tighter rules for prepaid cards in the next several weeks, prepaid issuers are pushing what they see as advantages over banks, such as fast access to payroll funds.
August 24





