'I am my ancestors’ wildest dreams': JPMorgan’s Duckett on diversity

05/09/18

Thasunda Duckett discussed her journey to becoming CEO of consumer banking at JPMorgan Chase, a career path that, she noted, wasn't available to African-American executives only a generation ago.

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Don’t give rainmakers a free pass on bad behavior

05/09/18

Banks need to respond swiftly to allegations of sexual harassment and other misdeeds, even those involving their top performers.

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Deal on dereg bill; Schneiderman’s legacy

05/09/18

Ryan, McConnell say they have a deal on a bipartisan Dodd-Frank rollback; New York won more than $5 billion in settlements from big banks under the former AG.

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Bill giving SBA power to stem 7(a) shutdowns passes House

05/08/18

The legislation, which still needs Senate approval, would let the head of the Small Business Administration raise the program's cap in periods of heavy demand.

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House repeals CFPB's controversial indirect auto lending guidance

05/08/18

Bill supporters say the guidance — which held indirect auto lenders liable for unintentional discrimination at partner dealerships — violated Dodd-Frank, but consumer advocates say the legislation would expose minority borrowers to mistreatment.

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LendingClub's losses widen in 1Q despite strong loan growth

05/08/18

Legal costs and legacy issues related to previous management continue to weigh on the online lender's results.

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BNP Paribas to relinquish majority ownership of Hawaiian bank

05/08/18

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

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White House looks to extend Mulvaney's CFPB tenure

05/08/18

The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.

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Large ag lender hires former Citi exec to fill key leadership post

05/08/18

Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations.

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No soft opening for Mitsubishi UFJ’s U.S. lobbying office

05/08/18

The Japanese bank, owner of Union Bank in San Francisco, has hired RBC alum Roger Blissett to raise its profile among lawmakers, oversee compliance and build deeper relationships with regulators as its recent charter switch continues to stir controversy.

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