JPM takes stand against opiods; Deutsche board clings to seats

05/24/19

JPMorgan tells OxyContin maker to take its business elsewhere; reelection tallies are smaller than last year’s.

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'One less Cordray disciple in the Swamp': Comments of the week

05/23/19

Readers weigh in on the role of the Financial Accounting Standards Board, consider personnel changes at the Consumer Financial Protection Bureau, debate the viability of public banks and more.

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Once dismissive of fintechs, traditional lenders now feeling their bite

05/23/19

Online lenders now have close to 40% of the unsecured personal loan market, much of which is refinanced credit card debt. Banks' card portfolios are taking a hit.

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Indictment of Manafort's banker reveals new details of loan scheme

05/23/19

Most notably, the charges indicate that Stephen Calk lied to banking regulators about what he knew when he approved loans to Paul Manafort, as well as about his interest in landing a job in the Trump administration. He faces one count of financial institution bribery.

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TD, Royal Bank defy Canadian housing slump with loan growth

05/23/19

The two lenders are bucking the trend for the overall industry, which saw year-over-year mortgage growth slide to a 17-year low in March, according to the Bank of Canada.

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House passes bill to reverse CFPB policies under Trump administration

05/23/19

All Democrats supported the bill focused on the decisions of former acting CFPB Director Mick Mulvaney, while all Republicans opposed it.

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Give Fannie, Freddie the same capital standards as everybody else

05/23/19

FHFA Director Mark Calabria should ensure the government-sponsored enterprises hold at least 4% of total assets as part of housing finance reform.

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Deutsche, UBS plan revival; Landlord charged with fraud

05/23/19

Christian Sewing ready to make "tough cutbacks" while UBS may need a new strategy; SEC says Robert C. Morgan misled banks with fake loan papers.

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Will housing issues be a focus of 2020 race?

05/22/19

At a time when costs continue to soar and regulators weigh reforms for Fannie Mae and Freddie Mac, more than half of the Democratic presidential candidates have talked about housing on the campaign trail.

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Top trade group exec defects from ICBA to CUNA

05/22/19

Chris Lorence, a former marketing official at the Independent Community Bankers of America, is the Credit Union National Association's latest recruit from other financial services trade groups in recent years.

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