Equifax to notify 2.4M more consumers affected in hack

03/01/18

Equifax, the credit-reporting firm that suffered a massive data breach last year, said it will notify an additional 2.4 million U.S. consumers that they were affected by the hack.

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Crackdown on cryptocurrency fraud widens with SEC subpoenas

03/01/18

The Securities and Exchange Commission may be focusing on the sale of options known as simple agreements for future tokens in connection with initial coin offerings.

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Washington Federal joins list of banks under BSA orders

03/01/18

The Seattle company first disclosed an issue in September, when it withdrew an application to buy Anchor Bancorp.

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SunTrust exec joins the bank's partnering fintech firm

03/01/18

A former executive at SunTrust has joined Cardlytics Inc. to help the company expand its partnerships with other banks.

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Toronto-Dominion posts record U.S. earnings even before tax cut

03/01/18

The booming U.S. economy continues to fuel earnings at Toronto-Dominion Bank — and Donald Trump's tax cuts will only make things better.

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Not dead yet: Branches remain crucial to banks' growth plans

02/28/18

Sure, banks are closing more branches than they are opening, but many still view them as important channels for selling products, dispensing advice and gathering deposits. Here's a look at banks large and small that are opening branches (or, in Capital One's case, cafes) in new markets.

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Banks, retailers point fingers as lawmakers revisit data security bill

02/28/18

Financial institutions and retail companies are trading barbs over which industry poses greater risk to sensitive customer information just as lawmakers are planning to take another stab at a data security bill.

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Banks play game of chicken with municipal depositors

02/28/18

A debate is brewing about whether rising rates mean banks must pay more to hold onto deposits from city and county governments — and whether they are worth it. Some would say no question on both counts, while others say it all depends on the financial strategy of the client and how badly the bank needs that client.

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CFPB has plenty of options for slashing its budget

02/28/18

The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery.

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B of A fires two more employees in sexual harassment probe

02/28/18

The company has fired two additional prime brokerage employees as it continues to investigate accusations of misconduct.

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