Wells skates, conspiracy charged, ATM attacks: Top stories of the week

08/17/18

No outrage over more Wells disclosures; Steve Calk accused of conspiring with Manafort against his own bank; FBI warns banks about threat to ATMs; and more from this week's most-read stories.

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Should N.Y.'s strict cybersecurity rule be a model for the country?

08/17/18

As the state phases in tougher requirements from its 2017 regulation, federal agencies continue to show an interest in updating their cyber policies.

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Fed frees Flagstar from crisis-era regulatory order

08/17/18

The Michigan company had been operating under the supervisory agreement since 2010.

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FDIC needs a state regulator on its board

08/17/18

Although it’s required to by law, the Federal Deposit Insurance Corp. has not had an independent director with state bank supervisory experience since 2012. It’s time for that to change.

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Hackers hit ATMs; Santander Holdings progresses

08/17/18

Thieves stole more than $13 million from an Indian bank just days after an FBI warning; Fed’s special oversight restrictions from 2015 lifted.

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House Democrat calls for hearing on banks' citizenship requirements

08/16/18

Rep. Emanuel Cleaver, D-Mo., says he is concerned that banks are freezing accounts of customers if they aren't providing citizenship information.

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Can this tech make banks better at spotting money launderers?

08/16/18

IBM claims that by monitoring customer behavior first and foremost, banks can make suspicious activity reporting far more accurate.

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FHA revises loss mitigation options for hurricane victims

08/16/18

The new policy, meant to assist borrowers in Puerto Rico and the U.S. Virgin Islands, will let servicers evaluate borrowers using pre-disaster payment information.

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Senators’ warning to Fed: Relief for midsize banks better be real

08/16/18

Lawmakers fear that regional banks could still get stung as the central bank implements a new law meant to ease their burden.

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Santander Holdings released from three-year-old enforcement action

08/16/18

The Federal Reserve had ordered improvements in compliance, board oversight, risk management, capital planning and liquidity risk management that spanned multiple subsidiaries.

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