Regulation key to systemic health, Quarles says; HSBC plans cuts

05/31/19

Stress tests, capital buffers and liquidity levels are best ways to make financial system safe; HSBC plans to layoff “several hundred” from investment bank.

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'Pure extortion of commerce': Comments of the week

05/30/19

Readers weigh in on community development at BB&T-SunTrust, consider the role that branches play in bank marketing and debate the future of Fannie Mae and Freddie Mac.

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CFPB commission goes from idea to afterthought

05/30/19

The industry continues to push for an overhaul of the bureau’s leadership structure, but both parties seem uninterested.

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A less defensive posture from Wells Fargo's interim CEO

05/30/19

In stark contrast to his predecessor, C. Allen Parker said Thursday he accepts regulators' criticism and suggested that the bank may struggle to achieve revenue growth until it moves past its regulatory woes.

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Suspense builds on new brand for BB&T-SunTrust

05/30/19

SunTrust CEO Bill Rogers on Thursday explained the direction he and BB&T chief Kelly King are going with the new name, but gave no hints on what it is or when it will be unveiled.

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Finastra sees small banks as a way to catch up in U.S. core tech

05/30/19

The London firm lags the three largest U.S. vendors but bets its new open banking platform can win it more business.

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Uber enters leasing pact for borrowers who can’t secure auto loans

05/30/19

Uber Technologies Inc. is going nationwide with a program that helps those without a car — or the financial means to get one — drive for the ride-hailing giant.

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Citi could beat expectations in 2020, Goldman says in upgrade

05/30/19

Citigroup can beat consensus expectations in 2020 regardless of higher interest rates or stronger global growth, and is well positioned for potential supply chain shifts in Asia, Goldman Sachs said in an upgrade of the stock to buy from neutral.

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JPMorgan agrees to $5 million settlement in parental leave case

05/30/19

The payout resolves a 2017 complaint filed by a male employee who alleged the bank’s parental leave policy was biased against dads.

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Zelle operator Early Warning hires new CEO

05/30/19

Albert Ko, who had been the chief transformation officer of Intuit, says he will work to improve Zelle's interface to make it more appealing to consumers.

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