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The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020. ... Read full article

Following an increase in the CRE appraisal threshold for community bankers earlier this year, the National Credit Union Administration has proposed an even bigger shift for CUs. ... Read full article

Fiserv Lending Solutions rebrand to Sagent Lending Technologies reflects the company's focus on a more efficient process for mortgage and consumer lenders. ... Read full article

When the Birmingham, Ala., bank was rethinking its branch strategy, it had to reconsider the role of its tellers. Ultimately, it decided to transition those workers to a more general banker role that emphasizes meaningful conversations with customers and ... Read full article

In response to a news report, Betsy Duke said Thursday that the board has not reached out to potential CEO candidates. ... Read full article

The Danish bank updates amount laundered; Goldman near deal for its Simon app. ... Read full article

Liang is currently a senior fellow at the Brookings Institution in Washington and previously led a Fed board division in charge of financial stability policy and research. ... Read full article

The Massachusetts senator said a private event where Mick Mulvaney briefed donors about the party’s midterm prospects may violate the Hatch Act. ... Read full article

Brian Brooks, the mortgage giant's general counsel, is leaving this week to head the legal team at Coinbase. ... Read full article

The Pittsburgh bank joins Bank of America and other large financial players in a distributed-ledger network that seeks to make global payments in real time. ... Read full article

Community bankers reject the conclusions of a Government Accountability Office report that say regulatory burdens only had a “modest effect” on the declining number of banks since 2010. ... Read full article

State regulators and advocacy groups say a federal breach notification standard could supersede state laws that already benefit consumers. ... Read full article

The New York Post reported Wednesday that Wells Fargo board members met with Trump White House alum Gary Cohn about becoming the bank's next CEO, but were rebuffed. Here's what to conclude from the article. ... Read full article

Unlike previous spots produced by the group that just backed candidates, the latest ones reflect a somewhat different approach. ... Read full article

The New York company said Wednesday that the new group will provide loans and other services to early-stage, consumer-focused companies. ... Read full article

The report from an advocacy group that focuses on college affordability says that schools need to do a better job of educating students about their eligibility for federal loans, which typically carry lower interest rates than loans from banks and other ... Read full article

The Danish bank found more than $200 billion of suspicious deals at its Estonian branch; merchants can opt out of the deal as another case on network rules continues. ... Read full article

It's good advice in any relationship context. SunTrust's Bryce Elliott wants transparency from his technology partners. "It's OK to tell me no." ... Read full article