Election 2020

HSBC plan sidesteps CEO question; Bloomberg would toughen bank regulations

02/19/20

The overhaul calls for massive job cuts but leaves interim CEO Noel Quinn’s permanent role in limbo; the program would throw out most of Trump’s Dodd-Frank rollbacks.

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Bloomberg tacks left on financial regulation. Should banks be worried?

02/18/20

Years after criticizing the Dodd-Frank Act, the Democratic presidential candidate and former New York City Mayor Michael Bloomberg is now taking a page from the Elizabeth Warren playbook.

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Bank faces backlash on Tubman card; HSBC to cut costs, workers

02/18/20

Black-owned OneUnited is getting grief for its depiction of the abolitionist on a debit card; the bank plans $4.5 billion in cost cuts, with 35,000 jobs cut.

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Fed votes to ease Volcker restriction; Truist reports a setback

01/31/20

Banks would be allowed to own stakes in venture capital funds; the combined BB&T-SunTrust isn’t realizing cost savings as fast as it projected.

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Bernie Sanders taunts Jamie Dimon again after CEO jabs socialism

01/23/20

The Vermont senator lashed out at the JPMorgan Chase chief on Twitter after Dimon criticized socialism in an op-ed published earlier this week in Time magazine.

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Warren takes aim at Biden with plan to bolster bankruptcy rights

01/07/20

Elizabeth Warren rolled out a plan Tuesday to restore bankruptcy protections repealed in a 2005 law championed by Joe Biden, taking an implicit shot at the Democratic presidential front-runner just before the first nominating contests next month.

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The 2020 legislative docket: AML reform, GSEs, Dems v. regulators

01/01/20

The window to change beneficial-ownership rules or pass other measures will be narrow, but some legislative efforts from 2019 will carry over and House Democrats will resume inquiries of certain industry CEOs and Trump-appointed regulators.

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Why the C&I slowdown is likely to persist in 2020

12/31/19

Political uncertainty, sector-specific concerns as well as interest rate and labor trends may continue to depress commercial and industrial lending in the coming months.

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Labor shortage crimps demand for commercial loans, bankers say

12/11/19

Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.

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USAA's win vs. Wells, BB&T-SunTrust's green light, GSE reform: Top stories of the week

11/27/19

USAA won $200M from Wells Fargo in patent fight — will others be on the hook?; three takeaways from regulators' approval of the BB&T-SunTrust merger; don't believe the doom and gloom on Fannie, Freddie; and more from this week's most-read stories.

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