Crackdown on cryptocurrency fraud widens with SEC subpoenas
The Securities and Exchange Commission may be focusing on the sale of options known as simple agreements for future tokens in connection with initial coin offerings. ... Read full article
The Securities and Exchange Commission may be focusing on the sale of options known as simple agreements for future tokens in connection with initial coin offerings. ... Read full article
Equifax, the credit-reporting firm that suffered a massive data breach last year, said it will notify an additional 2.4 million U.S. consumers that they were affected by the hack. ... Read full article
The Seattle company first disclosed an issue in September, when it withdrew an application to buy Anchor Bancorp. ... Read full article
A former executive at SunTrust has joined Cardlytics Inc. to help the company expand its partnerships with other banks. ... Read full article
The booming U.S. economy continues to fuel earnings at Toronto-Dominion Bank — and Donald Trump's tax cuts will only make things better. ... Read full article
Sure, banks are closing more branches than they are opening, but many still view them as important channels for selling products, dispensing advice and gathering deposits. Here's a look at banks large and small that are opening branches (or, in ... Read full article
Financial institutions and retail companies are trading barbs over which industry poses greater risk to sensitive customer information just as lawmakers are planning to take another stab at a data security bill. ... Read full article
The company has fired two additional prime brokerage employees as it continues to investigate accusations of misconduct. ... Read full article
JPMorgan Chase just weighed in again on virtual currencies — very discreetly. ... Read full article
New York's banking regulator has asked Deutsche Bank and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter. ... Read full article
Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall ... Read full article
The goal of the competition is to increase diversity in the financial technology industry. ... Read full article
“Why we think we know better or how to protect consumers in your state surprises me,” acting CFPB Director Mick Mulvaney told a group of state attorneys general. “I don’t think we’ll being do much of that anymore.” ... Read full article
A debate is brewing about whether rising rates mean banks must pay more to hold onto deposits from city and county governments — and whether they are worth it. Some would say no question on both counts, while others say it all depends on the financial ... Read full article
The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery. ... Read full article
A better camera should mean more accurate facial recognition. Will it spur more banks to embrace the technology? ... Read full article
A recent report from the agency settles a long-running debate about whether bankruptcy should replace Dodd-Frank’s “orderly liquidation authority.” The financial system needs both. ... Read full article
Powell says he backs raising the SIFI threshold and easing capital requirements for big banks; Mulvaney says agency will weigh costs of compliance for lenders. ... Read full article
From accelerating its subservicing transformation to overcoming regulatory obstacles, here's a look at three reasons behind Ocwen Financial Corp.'s $360 million acquisition of PHH Corp. ... Read full article
Federal Deposit Insurance Corp. Chairman Martin Gruenberg said Tuesday that he is on the fence about whether to serve on the agency's board for the remainder of the year even after he is replaced as head of the agency. ... Read full article