Robots, smart watches, fintech partners: How HSBC's Jeremy Balkin is innovating

06/04/19

On his watch, the $170 billion-asset HSBC USA became the first bank in the world to deploy a customer-facing robot in a branch. It's also the first bank to use wearable technology to help front-line branch staff.

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Bank Policy Institute names new general counsel

06/04/19

The trade organization is promoting deputy general counsel John Court to succeed Jeremy Newell in July.

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Is a leveraged lending crisis imminent? Depends who you ask

06/04/19

Lawmakers waded into a growing debate about the threat posed by corporate credit risk.

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Wells Fargo names leaders of restructured commercial banking group

06/04/19

Five executives were appointed to new roles within the revamped business unit that houses business banking, government and institutional banking and middle-market banking. All will report to commercial banking head Kyle Hranicky.

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Duo on House banking panel say GSE reform should top agenda

06/04/19

With the Trump administration appearing willing to shake up Fannie Mae and Freddie Mac without Congress, Reps. Lacy Clay, D-Mo., and Sean Duffy, R-Wis., said legislative action should be a priority.

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CFPB scheduled exams for debt collectors outside its jurisdiction: IG

06/04/19

The watchdog said the CFPB had trouble determining if some medical debt collectors were subject to its oversight, yet the exams were canceled before their start dates.

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Atlas' Diamond is wary of European banks, says U.S. prices too high

06/04/19

The former Barclays CEO turned bank investor said he sees more opportunity in smaller, newer banks.

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Why consumers just can't stop complaining about credit bureaus

06/04/19

For four years running, consumer complaints about the three national credit reporting agencies — Experian, Equifax and TransUnion — have dominated the CFPB’s database. What do they keep doing wrong?

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BMO Financial's Ernie Johannson expands role

06/04/19

The Canadian parent of BMO Harris Bank in Chicago has named Johannson group head of North American personal banking, an extension of similar executive duties she holds in the U.S.

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Citigroup insider trading leak alleged; Square works to reduce receipt snafus

06/04/19

Employee may have leaked information about upcoming deals; company says it’s rare that the wrong person gets email receipt, but it's looking to improve.

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