Morning scan

HSBC escapes sword of DPA; pop star Yellen?

12/11/17

The five-year window on HSBC's deferred prosecution agreement connected to a money laundering case expires; profile says outgoing Fed Chairman Janet Yellen has become "a pop culture phenomenon."

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Quarles calls for transparency; Bitcoin boils over — again

12/08/17

Fed's supervision chief wants more openness on bank stress tests; cybercurrency jumps 40% in 40 hours, climbing past $19,000.

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More bitcoin milestones; Citi’s tax plan hit

12/07/17

Digital currency surges past both $12,000 and $13,000 on Wednesday; the bank may make it back quickly, depending on the corporate income tax rate.

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Big bank failure would mean crisis; JPM, Amex to share

12/06/17

The Office of Financial Research said the failure of a large financial institution could still ignite a crisis; hotel chain plans to use both issuers for its credit cards.

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CFPB chief freezes data collection; SEC takes first ICO action

12/05/17

Acting director Mulvaney has major concerns about cybersecurity at the agency; the commission says a Canadian company's initial coin offering is a 'scam.'

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CFPB taps Hensarling aide; CFTC approves bitcoin futures

12/04/17

Brian Johnson joins agency as senior adviser to acting director Mick Mulvaney; CME and Cboe are expected to begin trading bitcoin futures in the next few weeks.

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Another nomination; Quarles warns on bitcoin

12/01/17

Jelena McWilliams, Fifth Third Bancorp’s chief legal officer, is the choice for FDIC chair; digital currencies pose too many risks.

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Bitcoin’s wild ride; Wells names three directors

11/30/17

Digital currency jumps through $11,000 before falling below $9,500 in a volatile day of trading; bank faces growing regulatory scrutiny.

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OCC warns Wells Fargo; Mulvaney wins

11/29/17

Bank faces a formal enforcement action for problems in mortgages and auto insurance; Judge throws out lawsuit, although plaintiff promises an appeal.

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Mulvaney asserts control over CFPB; trouble at Wells FX unit

11/28/17

Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients.

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