Here’s what the CFPB’s sandbox should look like

09/13/18

The former head of the agency’s innovation initiative, Project Catalyst, argues the bureau can take several steps to update its innovation policies.

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Trump says ‘nervous mess’ Dimon lacks smarts for presidency

09/13/18

The Thursday morning tweet came in response to comments from JPMorgan Chase CEO Jamie Dimon in which the banker questioned the president's intelligence.

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In praise of Gerspach; Equifax’s other concern

09/13/18

Bullish update by the accomplished Citi CFO boosts shares; credit bureau may have been distracted by prior incident.

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Umpqua to roll out Tinder-like app for bankers

09/13/18

The app allows customers to pick and choose the right private banker for them.

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Firm accused of scamming 9/11 responders, NFL players escapes lawsuit

09/12/18

The N.J. firm, which made loans to Sept. 11 first responders and pro football players diagnosed with brain injuries, was accused of usury. But a judge threw out the case, ruling that the New York attorney general lacks jurisdiction.

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Citigroup says lower taxes, job cuts will boost profitability

09/12/18

The bank raised its forecasts for profitability and expense reductions, facing down skeptics who have doubted the firm can achieve its financial targets.

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FSOC to detail new approach to nonbank supervision: Treasury official

09/12/18

Dodd-Frank authorized the council to designate specific nonbanks for tougher supervision, but the Trump administration has signaled support for "activities-based" designations.

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Bernanke says 2008 crisis didn't cause era of populist politics

09/12/18

The surge in populist politics that helped fuel President Donald Trump's victory and the rise of progressives on the left wasn't triggered by U.S. policy makers response to the 2008 financial crisis, said former Federal Reserve Chairman Ben Bernanke.

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FSOC removes Zions' systemic risk label

09/12/18

The interagency council voted in favor of the bank's application to remove its designation, though the practical effect of the decision is muted by the regulatory relief law passed this spring.

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State regulators renew push to block OCC's fintech charter

09/12/18

State regulators said Wednesday they will refile a lawsuit against the OCC, attempting to block the agency's new federal bank charter for fintechs.

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