Capital One adds another niche fintech

11/20/18

The Wikibuy purchase follows acquisitions of a personal financial management provider and a firm that helps digital shoppers get price adjustments.

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M&T names former Humana, Target exec to lead retail bank

11/20/18

Christopher Kay will oversee the Buffalo, N.Y., bank's branch and ATM networks as well as development of products and services that seek to mimic the cutting-edge offerings of other industries.

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Banks set another record — and FDIC hits a milestone

11/20/18

Banks earned $62 billion in the third quarter thanks to tax reform and higher asset yields while the Deposit Insurance Fund crossed a statutory threshold.

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FDIC unveils long-awaited community bank leverage ratio

11/20/18

The proposed 9% ratio for institutions with less than $10 billion of assets is designed to create a simpler capital regime for small banks.

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Ally Bank goes for viral marketing with 'Banksgiving' campaign

11/20/18

The new ad illustrates how banks are going beyond traditional promotions to try and find something that customers will share on their own.

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Time to clean house at Wells Fargo

11/20/18

The megabank’s continued compliance problems suggest that all of its board members, along with 100 of its most senior managers, should be replaced to make way for real change.

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Fed's Quarles in line to lead global regulator

11/19/18

Federal Reserve Vice Chairman for Banking Supervision Randal Quarles is expected to succeed Bank of England Governor Mark Carney as chairman of the Financial Stability Board, a key global financial regulator, according to two people familiar with the matter.

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Regulatory rollbacks could threaten banks' debt ratings: Fitch

11/19/18

The ratings agency said that it views rollbacks of stress-test comparisons and liquidity coverage ratio requirements as "negative" for banks with between $100 billion and $250 billion of assets.

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Bankers mobilize against SBA proposal on poultry lending

11/19/18

Lenders fear the agency's rule could make most poultry producers ineligible for 7(a) loans.

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Societe Generale fined $1.34B for violating U.S. sanctions

11/19/18

The French bank was hit with a billion-dollar fine after it was found to have unsafe practices that violated sanctions against Cuba and other sanctioned countries.

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