Financial regulations

Goldman pays female U.K. staff 56% less than male colleagues

03/16/18

Goldman Sachs Group Inc. pays women in the U.K. an average of 56% less than male colleagues, another stark example of the entrenched gender imbalances in the richest corners of the global economy.

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Mulvaney's revamp of CFPB should include its innovation hub

03/16/18

The Consumer Financial Protection Bureau's “Project Catalyst,” launched six years ago to help fintech companies navigate regulations, has failed to deliver.

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'Where does this conclusion come from?': Comments of the week

03/15/18

Readers opine on the prospect of regulatory relief, weigh in on the need for regulators to become more tech savvy, react to HSBC hopping back into U.S. mortgage lending and more.

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Where small banks can raise their 'very powerful' voice next

03/15/18

With substantial regulatory relief within reach, community bankers should use their clout to shape cybersecurity policy and ensure a level playing field for banks and nonbanks, retiring ICBA chief Cam Fine says.

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CFPB invites comments on amending rules already in effect

03/14/18

The request for feedback on adopted regulations is the eighth out of a dozen such requests that acting CFPB Director Mick Mulvaney has initiated so far as part of a public review of all the agency's processes.

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Hackers, nonbanks are small banks' biggest threats: New ICBA chair

03/13/18

Timothy Zimmerman is optimistic about regulatory relief and the capabilities of the association's next CEO, but he remains wary of nonbank competition and cybersecurity risk.

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Government needs to rethink cybersecurity approach

03/12/18

Policymakers need to focus less on how they regulate the banking industry’s cyber defenses and more on how they will protect the financial system from an attack.

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CFPB asks industry to weigh in on rulemaking process

03/07/18

The Consumer Financial Protection Bureau issued a request for information Wednesday about certain "discretionary aspects" of the bureau’s rulemaking processes that are not already required by law.

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The end of ‘In Gary We Trust’: Cohn’s departure a blow to banks

03/06/18

The resignation of National Economic Council Director Gary Cohn costs banks a top ally in the Trump administration and will likely further slow agency appointments.

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CFPB seeks input on how best to engage the public

02/21/18

The Consumer Financial Protection Bureau is seeking comment on how to engage the public in field hearings and town hall meetings as part of a broad review of all of the bureau's processes.

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