Morning scan

Fed seeks market data from banks; Regulators encourage new technology

12/04/18

The Fed wants more information on Treasury and mortgage-backed securities; will overlook compliance failures resulting from pilot programs.

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Goldman considers more surveillance; banks seek robotic experts

12/03/18

The bank would add to monitoring of employees outside the U.S. in response to the 1MDB scandal; financial firms seek help to automate more systems.

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Fed tinkers with rates; automated home valuations prompt worries

11/30/18

The central bank may be looking at other benchmarks besides the fed funds rate to conduct monetary policy; dropping human appraisers from most home sales raises concerns.

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Pushing states to police student loans; Banks happy with Powell

11/29/18

Three former CFPB officials seek more enforcement against lenders; Federal Reserve interest rates hikes have boosted bank profits.

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Fed's Bostic warns on fintech; Payday in derivatives

11/28/18

Atlanta Fed chief says consumers don't know the risks of using nonbank payments providers, like Apple Pay; equity derivatives desks will reap rewards of volatility.

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Bitcoin nosedive continues; nearly 30 large banks sign UN ethics code

11/27/18

Miners of the digital currency are losing interest, which could lead to more price declines; scandal-scarred banks among those that endorse Principles for Responsible Banking.

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Homeowners cash out; Bitcoin accepted in Ohio

11/26/18

Cash-outs accounted for 80% of mortgage refinances in the third quarter; state will accept bitcoin for business tax payments.

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Will Q3 profits kill reg relief?; Protecting elderly depositors

11/21/18

Record bank profits could make it tougher to get more regulatory relief; banks monitoring older clients’ mental health.

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Cost of doing business with sanctioned nations; Quarles may go global

11/20/18

Société Générale pays more than $1 billion for working with Cuba and others; Fed vice chair in line for global regulator chief role.

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FHA's $14.4B problem; Danske whistleblower to speak

11/19/18

The agency's mortgage insurance fund has big potential shortfall; Howard Wilkinson can tell U.S. regulators and law enforcement agencies what he knows.

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