Gender discrimination class action at Goldman, and its bitcoin trading foray

05/04/18

One woman's legal battle of more than a decade could develop into one of the biggest gender discrimination lawsuits to hit Wall Street. Bank of America faces a complaint after its sexual harassment ouster, and loses another top female executive. Plus, lots of tech initiatives.

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Mobile pay revolution, Mnuchin's pipe dream, Mulvaney's Siberia?: Top stories of the week

05/04/18

China's mobile payment lessons for U.S. bankers; Steven Mnuchin's wishful thinking on GSE reform; unpacking Mick Mulvaney's CFPB relocation musings; and more from this week's most-read stories.

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Banks caught in crossfire of gun debate. It won't end well

05/04/18

Both Republicans and Democrats are making threats against banks that don't take their side on gun control.

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U.S. Bancorp opens search for chief risk, human resources officers

05/04/18

Longtime executives Bill Parker and Jennie Carlson plan to retire from the Minneapolis company, giving CEO Andy Cecere an opportunity to reshape his executive team.

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What the new tax law means for investment advisory fees

05/04/18

The itemized deduction for investment fees may have been eliminated, but clients still need guidance on paying IRA expenses. Here's what to tell them.

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Take bold steps to improve bank culture

05/04/18

Financial institutions can begin to reduce the number of rogue employees and put a stop to bad behavior.

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HSBC's surprise: An $897M charge for toxic U.S. mortgages

05/04/18

Costs rose at the global bank, profit in North America fell 16%, and questions are mounting for new CEO John Flint ahead of the release of his strategic plan.

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Top woman banker leaving BofA; appeals court tosses trader conviction

05/04/18

The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.

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'Academy Award for worst policy idea of 2018': Comments of the week

05/03/18

Readers applaud acting Consumer Financial Protection Bureau Director Mick Mulvaney’s cost-cutting ideas, slam recent calls for postal banking, opine on banks limiting their business with firearms dealers and more.

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Four former Wilmington Trust executives found guilty of loan fraud

05/03/18

Attorneys for then President Robert Harra said he is innocent and will file an appeal. The case centers on a scheme said to have been carried out during the crisis years, before the bank was sold to M&T.

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