A Fed team toured an Amazon facility at about the same time Capital One’s data was hacked; House oversight members want answers from the CEOs of the two companies. ... Read full article
KPMG has been the bank's auditor since 1931. Critics say it's time for a change. ... Read full article
Wells Fargo, which has been told by the Fed that it needs to improve its governance and controls, on Thursday received an important thumbs-up from its outside auditor and also named the four senior directors who will retire next month. ... Read full article
U.S. fintechs attracted $5.8 billion in the fourth quarter as institutions sought an AI edge. ... Read full article
Sens. Elizabeth Warren and Ed Markey are seeking information about KPMG to determine if it lived up to its professional obligations when it decided not to disclose fake accounts at Wells Fargo. ... Read full article
The auditing giant has faced heavy criticism for failing to uncover wrongdoing at Wells. But the San Francisco megabank said Wednesday that it wants to maintain a relationship that goes back decades. ... Read full article
