Five regulators release proposal to alter swaps requirements

02/05/18

The plan would harmonize a 2015 rule establishing swap margin requirements with a later policy that imposes restrictions on certain qualified financial contracts.

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How the payday lending industry shapes academic research

02/05/18

A Georgia Supreme Court case sheds light on the lengths that the often assailed industry has gone to shape policy outcomes. It also raises the question of whether, in evaluating industry-funded research, it is enough to assess the published study itself, or if it is necessary to dig deeper.

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It's official: Jerome Powell sworn in as new Fed chair

02/05/18

Powell, a former investment banker who has served as a Fed governor, was confirmed by the Senate last month to a four-year term as chair of the central bank.

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Open banking role models: Fidor, Rabobank and BBVA

02/05/18

Celent analysts Alenka Grealish and Stephen Greer explain how banks in Europe and the Netherlands have built business models around open banking.

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Cryptocurrencies are far from unregulated

02/05/18

Despite panicked cries to the contrary on social media and cable news, federal authorities are keeping a careful eye on evolving digital currency markets, as regulators are likely to tell Congress on Tuesday.

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Fed sanctions Wells Fargo; bitcoin ban builds

02/05/18

The bank’s assets are capped at their current level of $1.95 trillion; Citi, JPM and B of A will no longer allow bitcoin purchases on their credit cards.

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When banks score — and fumble — in marketing

02/04/18

The Super Bowl reminds that firms often have one shot to make a good impression with their advertising. Here are some of the best and worst ads from financial companies.

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Fed's stinging Wells rebuke puts all banks on notice

02/03/18

The Federal Reserve on Friday slapped Wells Fargo with one of the harshest orders it has ever handed down, but the message it sent went far beyond a single institution.

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Fed drops hammer on Wells Fargo as four board members ousted

02/02/18

The Federal Reserve voted unanimously Friday to impose an unprecedented enforcement action against Wells Fargo in response to its cross-selling scandal, restricting the bank’s future growth and removing four members of its board of directors.

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The weak point in banks' rosy pay-gap numbers

02/02/18

Large banks have begun sharing their adjusted gender pay gap ratios — how much women are paid versus men for similar jobs. The trouble is, they don’t have similar jobs.

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