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‘It’s game time’: Libor transition to pick up steam in new year


Regulators' oversight of the industry's switch to a new interest rate benchmark is expected to intensify as a key deadline approaches.


Waters will call Wells Fargo's board members to testify in 2020


House Financial Services Committee Chairwoman Maxine Waters said oversight of the bank will be a focus for the panel next year.


Crapo delivers crushing blow to pot banking


The Senate Banking Committee chairman said he opposed a House bill that would give financial institutions legal cover to serve cannabis businesses.


Where have all the CFPB fair-lending cases gone?


Despite assurances by Director Kathy Kraninger that the agency is cracking down on discrimination, the agency has not filed an enforcement action or sent a Department of Justice referral on a fair-lending violation in two years.


CRA cheat sheet: New regime would look very different


The long-awaited proposal by the OCC and FDIC to modernize the Community Reinvestment Act would seek to make grading simpler and more transparent while allowing banks to spread loans and investments across a broader geographic area.


Wells Fargo to refund checking fees after lawmaker flags issue


CEO Charlie Scharf said in a letter to Congress that a review is underway to determine how many customers were affected by confusion over monthly fees and that the bank will begin issuing refunds next year.


Community Banker of the Year: Morris Bank's Spence Mullis


Mullis has thrived as a traditional community banker, leading the redevelopment of historic buildings in a small, struggling Georgia town and successfully growing Morris Bank in a mostly rural market.


Shake-up continues at Wells Fargo with poaching of Santander's CEO


Scott Powell, who resolved numerous regulatory problems as the head of the Spanish bank's U.S. operations, will face similar challenges at scandal-plagued Wells. As the bank's chief operating officer, Powell will report to CEO Charles Scharf, a former colleague at JPMorgan Chase.


USAA won $200M from Wells Fargo in patent fight. Will others be on the hook?


The remote deposit capture tech at the center of the dispute is used by 6,500 institutions. That may mean other institutions will have to pay licensing fees to USAA.


Stablecoins like Facebook's Libra may pose systemic risks, Fed says


Global stablecoins could hurt financial stability if they are improperly designed and unregulated, according to a Fed report.