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The surge in populist politics that helped fuel President Donald Trump's victory and the rise of progressives on the left wasn't triggered by U.S. policy makers response to the 2008 financial crisis, said former Federal Reserve Chairman Ben ... Read full article

The interagency council voted in favor of the bank's application to remove its designation, though the practical effect of the decision is muted by the regulatory relief law passed this spring. ... Read full article

Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year. ... Read full article

The Tennessee regional said the sale should boost quarterly profit by $160 million. ... Read full article

By noon, JPMorgan sent out a statement from Chairman and CEO Jamie Dimon, backtracking completely. ... Read full article

U.S. Bank’s announcement that it will begin offering small installment loans could open the door for other financial institutions to offer them as an alternative to pricey payday loans. ... Read full article

Court gives securities regulators a victory on initial coin offerings; bank’s stock suffers its longest losing streak. ... Read full article

The nation's largest bank said Wednesday it is seeking proposals on ways to address economic inequality in local neighborhoods across the country. ... Read full article

Housing finance reform is still likely years away, but a growing chorus of lawmakers say the government guarantor has the ability to clear the path to a final plan. ... Read full article

ING Group sacrificed one of Chief Executive Officer Ralph Hamers' top deputies as the Dutch lender seeks to restore public trust in the wake of a money-laundering scandal. ... Read full article

The Senate Banking Committee said it is postponing a hearing on the implementation of regulatory relief for "logistical reasons." ... Read full article

Bank of Montreal's chief executive officer says he doesn't need to make another acquisition to meaningfully lift earnings from the U.S. ... Read full article

Regulators will continue to issue guidance to articulate general views on appropriate practices, but they will not issue enforcement actions based on violations. ... Read full article

At first glance, New York regulator's first license to cryptocurrencies appears to be a good sign for other digital currencies. But there's a catch. ... Read full article

Early adopters took digital mortgages from concept to reality. What will it take for everyone else to catch up? ... Read full article

The "digital asset receipt," similar to ETFs and ATRs, aims to expedite investing in cybercurrencies; CFO is taking the hit for the Dutch bank's lax anti-money laundering controls. ... Read full article

The proposed rule is another step in the agency's implementation of a regulatory relief bill that President Trump signed into law in May. ... Read full article

The agency says the effort, part of a review conducted every 10 years, will help eliminate regulatory red tape. ... Read full article