What banks — and fintechs — can expect from N.Y. Fed's new chief

04/05/18

John Williams, a monetary policy expert, has been a critic of Wall Street culture and has voiced concerns about financial startups not offering equal access to credit.

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Tech enhancements will drive JPMorgan's organic growth: Dimon

04/05/18

Online account opening and facial recognition features on mobile apps are among the technologies the bank intends to introduce or improve upon this year, CEO Jamie Dimon wrote in his yearly shareholder letter.

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SEC can help clear regulatory path for crypto trading

04/05/18

The agency should consider exempting some registered cryptocurrency exchanges from state money transmission laws.

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Dimon sees risk to global economy in U.S. trade war with China

04/05/18

JPMorgan Chase Chief Executive Officer Jamie Dimon said the U.S. has legitimate grievances with China on trade, but that "anything that starts to resemble a trade war" will pour risk and uncertainty into the global economic system.

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Wells Fargo sales push extended to wealth unit, ex-workers say

04/05/18

Some clients of Wells Fargo's wealth-management division were steered into investments that weren't always in the best interests of clients, according to several people familiar with the unit.

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Mulvaney responds to Warren; Deutsche’s investment

04/05/18

CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking.

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Waters rebukes BofA for ending free online checking

04/04/18

Rep. Maxine Waters, D-Calif., questioned Bank of America's decision to discontinue free online checking accounts used by many low-income consumers in light of the bank's recent profits and corporate tax cuts.

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New York pushes JPMorgan, BofA, Visa to reconsider gun-sale risk

04/04/18

New York state's pension funds are urging credit card companies to consider following Citigroup's lead in cracking down on gun sellers.

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Treasury watchdog subpoenas Google to identify whistleblower

04/04/18

The Treasury Department's inspector general is seeking the identity of an Office of Financial Research employee who produced several YouTube videos that raised concerns about discrimination and diversity problems.

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U.S. is said to restrict lenders in veterans' mortgage crackdown

04/04/18

Two lenders have been punished by Ginnie Mae amid its concern that they enabled costly rapid refinances of veterans' home loans.

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