Dem senators call for release of Volcker Rule enforcement data

07/30/18

In a letter to heads of five Federal regulators, Sens. Elizabeth Warren, Sherrod Brown and Jeff Merkley say the public should know the impact of Volcker in light of proposed changes.

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House Republicans ask Fed to lower capital requirements for megabanks

07/30/18

The letter from 29 Republicans, including some who may chair the House Financial Services Committee next year, urges the Federal Reserve’s top regulator to ‘recalibrate’ the capital surcharge for banks like JPMorgan Chase and Citigroup.

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Amex to review allegations that it misled small-business customers

07/30/18

The announcement follows a news report that said it routinely and without notification charged higher rates than it initially quoted.

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Go Midwest, young fintechs

07/30/18

Some startups are eschewing San Francisco and New York to set up shop in the middle of America. And for good reason.

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ABA endorses two more House members in midterms

07/30/18

The banking industry group has so far endorsed six candidates in their re-election campaigns for the upcoming November elections.

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Amex rebuts report that it raised rates on business clients

07/30/18

The company defended its prices for currency conversions after a report said employees boosted rates for some business customers without notifying them.

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Bill to enhance poor credit scores will backfire, critics say

07/30/18

Allowing alternative data such as rent and utility payments has bipartisan support, but some say it could create more problems than it solves.

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Kroger California unit plans to ban Visa credit cards over fees

07/30/18

Kroger Co., the largest U.S. supermarket chain, said a California subsidiary will stop accepting Visa credit cards beginning next month in a dispute over swipe fees.

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Faces of the financial crisis: Where are they now? (Policymaker edition)

07/30/18

The D.C. movers and shakers at the center of the financial crisis — and the government’s response — have all moved on to new positions. Here's a look at what they did afterwards.

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BNP Paribas to sell 20 million more shares of First Hawaiian

07/30/18

The French company's stake in First Hawaiian will fall to about a third after the secondary offer is completed, and First Hawaiian will buy some of the shares.

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