Banks win break on capital requirement

03/22/18

Banks that spent years lobbying against billions of dollars of new capital requirements are being rewarded for their efforts.

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Community bank launches digital account targeting the unbanked

03/22/18

AxiomGo is being offered to customers seeking alternatives to prepaid cards and traditional checking accounts.

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CFPB to review rulemaking authority inherited from other agencies

03/22/18

The information collection effort is consistent with acting CFPB Director Mick Mulvaney's efforts to set the agency on a more pro-industry, anti-enforcement course.

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Citi looks to pressure business customers on gun sales

03/22/18

Citigroup plans to prohibit retailers that are customers of the bank from offering bump stocks or selling guns to people who haven't passed a background check or are younger than 21.

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NCR chief executive Nuti stepping down

03/22/18

The technology company's major projects over the past couple of years have included a diversification to serve merchants' cross-channel shopping and payment needs, adding advanced ATM technology in Europe and upgrading hardware to compete with rivals such as Square.

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Umpqua beefs up wealth business in Southern California

03/22/18

The Portland, Ore., company has hired four private bankers from City National as part of a broader effort to provide a full range of services to business owners and high-net-worth households in Orange County and San Diego.

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Citi defends Kushner loan; two regionals back CommonBond

03/22/18

The bank says CEO had no input into $325 million loan to Trump's son-in-law; Fifth Third, First Republic take equity stake in online student loan lender.

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Dimon: Data privacy 'issue is a big deal'

03/21/18

Jamie Dimon, chairman and chief executive of JPMorgan Chase, jumped into the growing debate Wednesday over how consumer data is collected and used, responding to concerns about stolen Facebook data.

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Former Mastercard chief joins Equifax board

03/21/18

Robert Selander was named an independent director of the embattled credit bureau, which is still trying to regain public confidence after a huge data breach last year.

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Rosemary Berkery, a member of UBS’ ‘Merrill mafia,’ to retire

03/21/18

Berkery, the chairman of UBS Bank USA, will be succeeded by Michael Blum. Berkery, a Merrill Lynch alum, was part of the turnaround team at UBS' wealth management unit, and during her tenure, the lending book at its bank more than doubled in size.

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