The other housing crisis, Dimon v. Trump, small-dollar lending: Top stories of the week

09/14/18

A new, 10-part podcast series examining housing blight; JPMorgan’s Jamie Dimon baits President Trump; U.S. Bank returns to small-dollar lending; and more from this week’s most-read stories.

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FHFA denies rumors Watt will duck House hearing

09/14/18

The agency’s director has been under pressure to quit as he is investigated for sexual harassment allegations, but an agency spokesperson says he still plans to testify at a housing finance hearing slated for later this month.

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N.Y. state refiles suit to block OCC's 'reckless' fintech charter

09/14/18

The state's banking regulator and the Conference of State Bank Supervisors are reviving litigation after the Office of the Comptroller of the Currency said it would accept charter applications.

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Managing employee anxiety during a rebrand

09/14/18

As Synovus brought all of its 28 banks under the same name and logo, management made sure employees were well informed and comfortable with the changes.

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Cryptocurrencies will survive price swings: Coinbase

09/14/18

Digital currencies can outlast bitcoin's volatility because they are more egalitarian than the traditional payment system and offer a better alternative for emerging countries, the cryptocurrency exchange says.

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Wells, OCC ‘on path to resolution’ for auto borrowers: CFO

09/14/18

Speaking at an investor conference in New York, John Shrewsberry addressed a recent media report saying regulators had rejected Wells Fargo’s restitution plan for overcharged auto customers.

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Solomon forms his team; AIG not dazzling investors

09/14/18

Goldman’s next CEO names a new president and replaces the CFO; insurance giant shares remain at a 25% discount to book value.

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'What an ineffective joke': Comments of the week

09/14/18

Readers react to a new housing finance reform plan, weigh systemic risks posed by fintechs, debate the potential return of the Glass-Steagall Act and more.

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Two servicers poised to break up student-lending oligopoly

09/14/18

Four lenders, led by Sallie Mae, have long dominated the market for private student loans. But they could soon face new competition from Navient and Nelnet.

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Regions' explanation for tepid commercial lending: We're being careful

09/13/18

“Who’s to know when the economy may turn?” the head of the Alabama bank said in describing its weak business-loan growth as the byproduct of cautious pricing and underwriting.

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