Risk management

Yodlee accused of stealing credit tech

08/07/19

FinApps has filed a lawsuit that claims the data aggregator swiped its proprietary credit risk software while the two did business together.

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JPMorgan, Citi among banks facing $1 billion FX-rigging suit

07/29/19

It’s the latest development in a foreign-exchange-related case that has triggered regulatory probes around the world, and it's one of the first cases to be brought under 2015 U.K. legislation that paves the way for U.S.-style class actions.

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Despite cuts, Wells Fargo is still spending too much

07/16/19

The bank has been slashing expenses, but executives acknowledged they remain high. Between having to hire thousands of compliance employees and waiting on the next CEO to be named, investments in new technology or other long-term growth are limited.

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Lending to nonbank lenders is growing — maybe too much

07/05/19

Loans to other financial firms have soared in recent years, and many are going to private equity or business development firms that then use the funds to make leveraged loans. Should regulators be worried?

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Banks exposed to possible loan market tumult, BIS says

07/01/19

Banks may be exposed to a shakeout in the $1.3 trillion leveraged-loan market even though they mostly own the safest portions of debt, according to the Bank for International Settlements.

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Is leveraged lending a systemic risk?

06/27/19

Lending to companies with heavy debt loads is a growing business — one that many fear could lead to the next financial crisis.

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Lowering the bar on financial regulation is fraught with risk

06/27/19

A recent proposal by the Financial Stability Oversight Council to focus less on certain nonbank firms and more on risk activities would create unintended economic harm.

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Credit unions get reprieve (again) on capital rule. Bankers jeer

06/20/19

The NCUA proposed Thursday to put off until 2022 implementation of a rule that would require larger credit unions to hold more risk-based capital.

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Truist's rough landing, BB&T-SunTrust opportunist, AML cheat sheet: Top stories of the week

06/14/19

Hard sell ahead for BB&T-SunTrust as ‘Truist’ lands with a thud; Citizens looks to poach BB&T-SunTrust talent; what the Senate AML bill means for banks; and more from this week’s most-read stories.

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Can Fannie, Freddie be overhauled without Congress?

06/07/19

The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.

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