Challenge of CFPB falls short as Supreme Court passes on case

01/14/19

The U.S. Supreme Court turned away a broad challenge to the structure of the Consumer Financial Protection Bureau, the agency that Republicans say has stifled economic growth through over-regulation.

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Kabbage to provide point-of-sale loans to Alibaba shoppers

01/14/19

The U.S. online lender provides credit lines of up to $150,000 to small businesses that shop at Alibaba.com.

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Walter Shipley, former Chase Manhattan chairman, dies at 83

01/14/19

Walter V. Shipley, the former chairman and chief executive who led the friendly merger of Chemical Banking with Chase Manhattan to create the biggest U.S. bank and predecessor of what is now JPMorgan Chase, has died. He was 83.

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Citi fixed-income trading slumps 21% in bad omen for Wall Street

01/14/19

Citigroup Inc. gave investors the first look at how Wall Street banks fared during the violent market swings at the end of 2018 — and it’s grim.

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Citi beats estimate as earning season opens; Goldman eyes cash management

01/14/19

Trading revenue for banks is expected to be flat; the bank plans high deposit rates to lure corporate customers.

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Is something missing from the U.S. regulatory toolbox?

01/13/19

The post-Dodd-Frank era is one of rightsizing and tailoring rules, but a key bloc of the regulatory brain trust believes the U.S. still lacks mechanisms that could prove helpful in a crisis.

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The shutdown's impact on financial services

01/13/19

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

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Alternative lenders try to fill void left by shutdown

01/11/19

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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One banker’s take on the Consumer Electronics Show

01/11/19

Todder Moning of U.S. Bank scoured the 2.7 million square feet of the Consumer Electronics Show this week. Here’s what he liked, what he thinks bankers could work with ... and what he thought was weird.

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