Jeffrey Osher, who led a bare-knuckle fight last year to oust the prepaid card company’s CEO and chairman, will serve as an adviser to the firm’s board.
FDIC Vice Chairman Thomas Hoenig's plan to allow large institutions to separate their core banking activities from their investment activities could allow the Trump administration a way to reinstate the Glass-Steagall Act.
Lower tax rates won’t be unqualified good news for banks, as a lower rate would reduce the savings that they get from making tax-exempt loans to cities, counties and other governmental agencies.
The Wells Fargo fake accounts scandal is shining such a bright spotlight that more pervasive problems with the industry’s sales practices are getting lost in the shadows.
