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The legislation, authored by Rep. Keith Ellison, D-Minn., is aimed at helping lower-income consumers build their credit histories. ... Read full article

The company's brokerage unit agreed to pay $5.1 million to settle claims that employees persuaded clients to sell certain investments before maturity in order to collect higher fees. ... Read full article

American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected. ... Read full article

Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit. ... Read full article

Despite a reputation for being the go-to P2P app of digital natives, Venmo is once again pushing its market in the opposite direction with the debut of a plastic card. ... Read full article

An appeals court has rejected claims by a Washington state housing finance agency that the National Homebuyers Fund is limited to operating in California. ... Read full article

As large credit unions look to expand under NCUA’s new field of membership rule, they should be required to comply with additional bank rules. ... Read full article

M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come? ... Read full article

JPMorgan Chase plans to sell its stake in Saudi Investment Bank back to the Riyadh-based lender at a 24% discount as it exits noncore holdings globally. ... Read full article

Banks may be disguising their borrowings in a way similar to that used by Lehman Brothers, with debt ratios falling within limits imposed by regulators just four times a year. ... Read full article

The U.S. Supreme Court threw out a government lawsuit that accused American Express Co. of thwarting competition by prohibiting merchants from steering customers to cards with lower fees. ... Read full article

Wells Fargo & Co. is finally going after the young and points-hungry by boosting rewards on one of its premium cards. ... Read full article

The two Wall Street firms anxiously await the second round of stress test results; Commerzbank is working on using technology to generate basic research notes. ... Read full article

Nyca Partners is now an investor in enterprise blockchain, but in 2014 it had doubts about the technology. ... Read full article

Jan Lynn Owen works at the epicenter of the digital revolution, but she is unambiguously cautious about the fintech industry. ... Read full article

The trend may be partially attributable to a strong economy. Growth in high-cost installment lending could also be a factor. ... Read full article

Meet the new housing finance reform plan, same as the old ones. While that gives it legs, it also presents big challenges. ... Read full article

Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered. ... Read full article