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The remarks by the comptroller of the currency came as his agency released a new report on emerging risks in the banking industry. ... Read full article

A chunk of alternative loan customers are perfectly creditworthy, a report from the credit bureau shows. ... Read full article

The Canadian banks' second-quarter profits were also boosted by double-digit income growth at their U.S. operations. ... Read full article

Jelena McWilliams, most recently chief legal officer at Fifth Third, previously served as a Senate GOP aide and an attorney at the Federal Reserve Board. ... Read full article

New European Union privacy rules could serve as a guide for U.S. banks. ... Read full article

The agreement was tied to the Puerto Rico company's 2010 purchase of the failed Westernbank. ... Read full article

Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000. ... Read full article

Moody’s lead analyst Fadi Massih shares what he looks for when deciding how to rate banks, including traits that could help them withstand fintech competition. ... Read full article

Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30. ... Read full article

Venu Krishnamurthy is joining the asset management giant at a time when it is reorganizing itself and tinkering with product offerings to ward off fintechs and other challengers. ... Read full article

Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration. ... Read full article

In the continued absence of legislation, Fannie Mae and Freddie Mac’s regulator announced work on a new capital framework. ... Read full article

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting." ... Read full article

Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at least for now. ... Read full article

At least two cryptocurrency companies, Coinbase and ivyKoin, have talked to federal regulators about obtaining a bank license, but there is skepticism that it will happen. Here's why. ... Read full article

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years. ... Read full article

Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat. ... Read full article

The Justice Department announced this month that it would seek to reduce duplicative penalties against banks, although more reforms are needed to rein in other agencies. ... Read full article