Trump’s CFPB pick clears up what, exactly?

06/19/18

The selection of an obscure OMB official as CFPB director raises more questions than it answers about the future of the agency.

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Small lenders urge FHFA to let Fannie and Freddie rebuild capital

06/19/18

The groups applauded a proposal to establish minimum GSE capital requirements, but called for more immediate steps to release the companies from conservatorship.

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U.S. banks seen boosting payouts $30 billion after stress tests

06/19/18

Among the six biggest U.S. banks, Bank of America might see one of the steepest jumps in payouts. Wells Fargo is the wild card.

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Dems suggest CFPB nominee had role in ‘zero-tolerance’ border policy

06/19/18

Sens. Elizabeth Warren and Sherrod Brown sought details on whether an OMB official was involved in the policy of separating children from their parents.

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Wells Fargo is weighing changes to wealth unit amid cost-cutting

06/19/18

Wells Fargo is considering restructuring its wealth management business as the bank pushes for $4 billion in cost cuts by the end of next year.

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The 'tyranny of success'; Wells to revamp wealth unit

06/19/18

Morgan Stanley CEO, New York Fed chief caution against failing to remember what caused the financial crisis; Wells Fargo may combine its two big wealth management businesses.

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Why banks’ biggest risk factor may be employees who don’t speak up

06/18/18

Senior leaders may say that they want to hear bad news, but that doesn’t mean lower-level employees are eager to share it with them.

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They liked this digital banking company so much, they bought it

06/18/18

Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker.

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Hill aide named to run Dodd-Frank research agency

06/18/18

The White House announcement of Dino Falaschetti as the choice to run the Office of Financial Research comes amid signs that the administration has attempted to reduce the agency's independence.

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Overhauling 'dark ages' FHA a must for housing reform, HUD says

06/18/18

Risk management and technology systems at the Federal Housing Administration lag decades behind Fannie Mae and Freddie Mac and desperately need to be revamped, according to a top official at HUD.

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