Bankruptcy Blogs

Give credit unions carve-out from CFPB? NCUA says ‘yes’

05/24/17

In a rare move, the credit union regulator is asking the CFPB for exemptions for credit unions from expanded HMDA requirements and unfair and deceptive acts authority.

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Does Trump's budget foreshadow changes to credit unions' tax exemption?

05/24/17

The Treasury Department significantly raised an estimate for how much the exemption will cost the government over the next decade, giving bankers some hope that their complaints are finally being heard.

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What Fifth Third is doing to retain moms

05/24/17

New mothers were bailing out from the Cincinnati bank at twice the rate of other women employees, so it decided to offer a maternity concierge service that would help them with stressful chores.

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BBVA and B of A move to make data sharing safer, less painful

05/24/17

The Spanish bank is opening its APIs to outside developers as Bank of America tests a new data-sharing model with aggregators.

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Mixed signals on CFPB constitutionality from appeals court justices

05/24/17

Appeals court justices appeared divided on whether the structure of the Consumer Financial Protection Bureau is constitutional during oral arguments in the PHH v. CFPB case on Wednesday.

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Scrap screen scraping? Europe's finding it's not that simple

05/24/17

Europe is debating whether to ban screen scraping, a practice that fintechs count on as a last resort. Innovation is at stake.

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House Dems seek bank documents of Trump accounts

05/24/17

House Democrats are asking Deutsche Bank Chief Executive Officer John Cryan for documents related to two internal reviews, including one into accounts held by President Trump and his family.

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Bank 1Q earnings jump to $44B, while loans fall: FDIC

05/24/17

Bank earnings leaped to $44 billion in the first quarter, a 12.7% increase from a year earlier, but loan growth marked its first quarterly slowdown since 2013.

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HSBC discovers consumers trust robots for surgery over savings

05/24/17

Andy Maguire faces a challenge: tasked with upgrading HSBC's digital-banking systems, he has discovered that customers are twice as likely to trust a robot for heart surgery than for picking a savings account.

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Risk Management 2017: A Broadening Sense of Hazard

05/24/17

Are Risk Levels Rising for Banks? Execs Think So

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