Bramson gets his moment; Where Deutsche-Commerzbank talks went wrong

05/02/19

Activist concedes he doesn't have the votes to join Barclays' board; How an "inevitable" deal fell through and where the banks go from here.

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A busy month for fintech funding

05/01/19

Here are seven startups that received multimillion-dollar venture capital investments in recent weeks to accelerate the development of banking products and services.

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House extends subpoena deadline for Deutsche Bank, Capital One

05/01/19

The banks were ordered to submit records related to President Trump's businesses, but lawmakers have agreed to give the companies until seven days after a judge rules on the Trump family's request to block the subpoena.

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Regulators making 'good progress' on Volcker Rule 2.0: Fed's Powell

05/01/19

The head of the central bank declined to provide more specifics on efforts to simplify the ban on banks’ proprietary trading.

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House Dems put spotlight on auto lending discrimination

05/01/19

Democratic lawmakers made clear at a hearing Wednesday that they do not intend to abandon the issue following the GOP's repeal of regulatory guidance last year.

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What ruling on noncompete clauses means for banks — and job hunters

05/01/19

It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.

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TD Bank’s calculated shift to the cloud

05/01/19

The North American banking giant is making a gradual yet concerted effort to migrate applications to Microsoft’s cloud, but there are still sensitive operations and pieces of data that it’s holding back on for now.

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CFPB fines student loan servicer $3.9 million for unfair practices

05/01/19

Conduent Education Services has agreed to pay $3.9 million to the CFPB for failing to provide accurate account balances on more than 200,000 student loans.

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Regulators plan meeting with law enforcement on banks’ AML burden

05/01/19

FDIC Chairman Jelena McWilliams revealed an effort by the banking agencies to gain better clarity on how authorities use the huge amounts of suspicious activity reports that banks must submit under anti-money-laundering laws.

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Goldman Sachs: We'll bet on crypto when it's more stable

05/01/19

Martin Chavez, global co-head of the securities division at Goldman, suggested the bank is unlikely to fully support crypto until such currencies have the backing of the U.S. government.

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