Banks strain to satisfy competing AML, data protection rules

05/18/18

Deadlines imposed by U.S. and EU regulators are giving banks intercontinental whiplash.

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CFPB faces tough questions over student loan moves

05/18/18

Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.

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Where JPMorgan Chase is with its board and its blockchain

05/18/18

Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus: heels or flats?

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Regulators extend comment deadline for leverage ratio proposal

05/18/18

Commenters will have more time to weigh in on the plan, by the Fed and OCC, that has triggered divisions among the federal regulators.

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Think you’ve seen the Trump effect on regulation? Just wait

05/18/18

With Congress set to approve a regulatory relief bill and vote on an FDIC chairman, banks will soon see the deregulation they’ve long been anticipating.

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A big question about succession at Goldman has been answered

05/18/18

Lloyd Blankfein will probably step down as Goldman Sachs' chief executive officer in December, according to a published report. David Solomon has been seen as the heir apparent, but the timing of the changeover had been unclear.

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BofA’s AI play, Zelle departure, more guidance (please): Top stories of the week

05/18/18

Bank of America on where its AI hopes (and worries) lay; Zelle founder Paul Finch announces his leave from the payments network; the one area where banks and fintechs want more regulation; and more from this week's most-read stories.

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Fannie Mae advocacy ban doesn't stop lawyer from pushing views

05/18/18

For nearly a decade, the FHFA has restricted Fannie Mae and Freddie Mac from trying to influence the raging debate over whether they should live or die.

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Fed's Mester warns against dismantling post-crisis bank reforms

05/18/18

Federal Reserve Bank of Cleveland President Loretta Mester warned against dismantling core reforms that have made U.S. banks better able to withstand a financial crisis.

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Another fine mess for Wells; PayPal to buy iZettle

05/18/18

Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.

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