James Clinger is currently general counsel to the House finance panel; CFPB director refutes House panel claims he didn’t do his job in Wells Fargo investigation.
U.S. C&I loan growth has dropped below that of the eurozone for the first time in six years; bank employee says Chase discriminates against fathers when it comes to family leave.
Job cuts are the beginning of a new round of cost-cutting; Wells accused of modifying home loans on distressed borrowers without customer or bankruptcy court approval.
Trump administration’s “lighter” regulatory proposal signals that banks may finally have entered a “post-crisis” era; IBM rolls out Watson artificial intelligence tools to deal with regulations.
Steven Mnuchin says financial plan strikes the "right balance" between "burdensome" regulation and protecting taxpayers; online lender seeks Utah charter to take FDIC-guaranteed deposits and offer credit cards.
Report is "harshly critical" of CFPB and calls for sharply reining in its powers; Financial Times editorial questions non-bank companies' ability to assess credit risk.
Matthew Zames, the bank's COO, is leaving because Jamie Dimon doesn't look like he is; Financial overhaul bill passes along party lines but is unlikely to be the last word on regulatory reform.
Bill would replace much of Dodd-Frank but is unlikely to become law; online retailer is expected to expand Amazon Lending program to small businesses in the U.S., U.K. and Japan.
Spain's largest bank to pay a little over a dollar to save troubled domestic rival Banco Popular; House finance committee says CFPB director dragged his feet on Wells phony accounts scandal.
President to name former One West lieutenant to Treasury Secretary Steven Mnuchin to head OCC; Wells plunges to number 100 from seventh in Barron's rankings of most respected public companies.
