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Banks and public advocacy groups agree that the Community Reinvestment Act needs to change. But is the latest proposal moving in the right direction?
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Chris Maher, CEO of OceanFirst Financial, shares how employees’ roles have already changed and his bank’s efforts to help them navigate AI and other emerging technologies.
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Refinitiv’s D&I Index reflects high correlation to strong returns
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Once struggling to remain relevant, the Providence, R.I., bank is now an industry standout. Inside the story of its resurgence.
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With Congress deadlocked on a future for Fannie Mae and Freddie Mac, the administration is prepping to move by itself.
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As the administration gears up to end a decade of government control of Fannie and Freddie, are there any good options?
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Large banks are increasingly taking stands on social issues like gun rights and climate change. Some see this as a troubling development.
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When she was growing up, Thasunda Duckett's family used crates as furniture and struggled to buy groceries. Now she's become one of JPMorgan Chase's most visible executives, using the lessons of her past to help guide the company's massive branch expansion.
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She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.
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Elder financial exploitation is a vast and growing problem in the U.S., and one that presents difficult policy challenges for law enforcement and banks.
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Jelena McWilliams knows the value of the FDIC’s role in a way most other Americans do not. Now she's in charge as it grapples with difficult questions and sets out to reshape the industry.
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From expanding their membership to buying naming rights for major stadiums, big credit unions are taking unfair advantage of their tax exemption, bankers and industry observers argue.
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The most widely referenced interest rate benchmark will cease to function after 2021, and the financial system is still coming to grips with that complicated reality.
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A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.
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This is how the firm tried to make sure no one knew.
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After talks with well-connected lawyers for Barclays and the Royal Bank of Scotland, senior Justice Department officials in Washington last year overruled career prosecutors who had been investigating wrongdoing that cost investors billions.
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Anti-money-laundering regulations are among the most costly, and few criminals get caught. Banks say there’s a better way.
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Banks submit millions of Bank Secrecy Act filings each year, yet only a fraction are valuable to law enforcement.
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The social media giant says its cryptocurrency project can bring services to the world's unbanked. Lawmakers and regulators aren’t so sure.
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America's farms have taken on near-record levels of debt in recent years, and commodity prices and trade wars are putting pressure on farm country. That could spell bad news for bankers that lend to them.



















