At Wells Fargo, executives push for interim CEO to keep job

05/06/19

The board has promised to hire an outsider, but senior executives are lobbying for acting CEO C. Allen Parker to lead the company.

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Working around Dodd-Frank; Marcus' German launch delayed

05/06/19

Big banks may have found a way to lower needed reserve levels; with Brexit delayed, Goldman will hold off on expansion.

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The Fed’s Lael Brainard stands alone

05/05/19

As the central bank board proceeds with reforms easing the post-crisis regulatory regime, the Obama-appointed governor has not shied from opposing the agency’s course.

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The next-gen CEO, JPM jumps the snark, TD's cloud jump: Top stories of the week

05/03/19

Exploring the rise of the next-gen bank CEO; backlash over JPMorgan's snarky tweet; TD Bank's calculated shift to the cloud; and more from this week's most-read stories.

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JPMorgan, Microsoft strike blockchain partnership

05/03/19

The bank is hoping the venture will encourage more companies to use Quorum, the Ethereum-based blockchain it built five years ago.

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A deposit boon for small Georgia banks?

05/03/19

Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.

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BB&T, SunTrust clear key hurdle on road to merger

05/03/19

Concerns about job losses and political blowback still loom, but the two banks made it through a second day of public hearings hosted by the Fed relatively unscathed and with significant local support.

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Wells Fargo expects to refund debit-card fees amid review

05/03/19

Wells Fargo & Co. said it expects to refund certain fees paid on debit-card accounts as it reviews disclosures that may have confused customers.

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Government pushing to spur more business loans by credit unions

05/03/19

The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.

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Citigroup forms lab for traders to code and coders to trade

05/03/19

Citigroup has invited second- and third-year analysts from across its markets and technology teams to apply for Citigroup's newly formed Markets Acceleration Lab.

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