National banks

Jesse Jackson wants banks to take a stand on how fines are used

04/16/19

Civil rights activist Jesse Jackson is pushing a proposal that the billions banks have paid in fines be given to Americans who lost homes or suffered in other ways during the financial crisis.

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Dimon sees recent volatility as harbinger of things to come

04/04/19

Jamie Dimon, in his 51-page annual letter to shareholders, warned investors to get ready for more wild rides like the one that upended markets at the end of last year.

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California quietly lifts ban on doing business with Wells Fargo

04/03/19

Even before Tim Sloan stepped down as the chief executive officer of scandal-stung Wells Fargo, the bank had already gotten back into the good graces of the biggest U.S. state.

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OCC names new chief of large-bank supervision

04/01/19

The Office of the Comptroller of the Currency has promoted Maryann Kennedy to oversee about 800 OCC examiners who supervise the largest banks.

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Bank Holding Companies with the Largest Small-Business Loan Balances

04/01/19

On Dec. 31, 2018. Dollars in thousands, except for average loan amount.

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Crapo presses banks to keep serving 'politically disfavored' industries

03/27/19

Letters to eight bank CEOs from the Idaho senator were a rebuttal to calls by some Democrats for financial institutions to cut ties with firearms manufacturers, prison companies and others.

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Is this the real reason big banks have upper hand in deposit growth?

03/20/19

Big banks’ edge lies in their sizable presence in faster-growing cities, not any unfair structural or regulatory advantages, according to a new report by the Bank Policy Institute, which represents large financial services companies. Community banks beg to differ.

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Wells Fargo's other post-scandal problem: Less-productive staff

03/15/19

Wells Fargo's leaders have repeatedly assured the public its aggressive sales culture is gone after quotas led workers to foist unwanted products on clients. Now another problem is festering: low productivity.

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JPMorgan ends financing of private prisons after criticism

03/05/19

The biggest U.S. bank says it will break off its relationship with the private-prison industry after deciding it's too risky.

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Wells Fargo sees 'possible' legal losses rising by $500 million

02/27/19

Wells Fargo, beset by a wave of government probes into suspected customer abuses, boosted an estimate for potential legal losses by $500 million.

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