Policymaking

'Political pandering to the uninformed': Comments of the week

04/25/19

Readers respond to the debates over economic inequality and CEO pay disparities, weigh in on FDIC board membership, consider LendingClub exiting small-business lending and more.

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Banks can’t ignore fight over economic inequality

04/24/19

As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap.

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Fintech charters, CRA and data sharing: McWilliams, Otting weigh in

04/24/19

At a fintech event hosted by the FDIC, the agency’s chief and the head of the OCC offered their views on a wide range of matters.

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To strengthen AML protections, strengthen sales practices

04/24/19

Banks need to ensure those building new business are driven to look for evidence of illegal activity.

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Managing reputation risk is getting more complicated

04/22/19

In today’s political climate, banks have to monitor not just how they do business, but with whom they do it.

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What’s Jamie Dimon’s salary got to do with income inequality?

04/21/19

At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.

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Could Deutsche Bank probe be an opening for AML reform?

04/17/19

It remains to be seen whether anti-money-laundering provisions will get a deeper look this Congress or whether political optics will divide lawmakers on moving ahead with changes.

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OCC should speak up on Wells Fargo's exec changes: Warren

04/17/19

The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan.

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With stress tests, less is more

04/17/19

The Fed is stepping up transparency around its process for testing bank resiliency in a hypothetical crisis, but additional improvements are needed.

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CFPB has too much flexibility in assessing fines

04/16/19

The bureau should adopt a clear, consistent framework for determining civil money penalties against financial firms.

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