‘FHFA is a toothless tiger’: Comments of the week

07/19/18

Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more.

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Who is the best customer for video-only banking?

07/19/18

To improve video conferencing adoption, banks are advised to focus on one particular group of clients.

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Trump’s criticism of Fed a reminder central bank independence isn't guaranteed

07/19/18

It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why.

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Wells Fargo should have seen add-on-product trouble coming

07/19/18

The bank had numerous warnings that there could be severe regulatory consequences related to deceptively advertised add-on products. It is paying the price for failing to do more in response.

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Fifth Third resumes Southeast expansion it began pre-crisis

07/19/18

The bank announced plans to open 100 to 125 branches in fast-growing cities across the Southeast, and will close an equal number in the Midwest. In a way, it's finishing a plan it cooked up nearly two decades ago.

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House approves spending bill that would give Fed control of Volcker Rule

07/19/18

The House appropriations bill would also expedite the appeals process for CFPB examination decisions and reduce the number of times big banks must submit resolution plans to every two years.

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Why regional bank CEOs are lukewarm on more M&A

07/19/18

While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.

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All heat, no light: Kraninger gives little sense of CFPB views

07/19/18

The nominee to run the consumer bureau endured tough questioning over the administration’s family-separation policy but appeared to weather the barrage.

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Asset inflows, higher rates push BNY Mellon profit higher

07/19/18

Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report.

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CFPB fines Alabama lender but suspends most of penalty

07/19/18

The bureau determined that Triton Management Group had unfairly charged Mississippi consumers excess interest in violation of state law.

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