Equifax interim CEO pleads ignorance; All’s well for bitcoin

11/09/17

Barros has no answer for Senate committee on encryption; a bitcoin network split won’t happen … for now.

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Onur Genc's (somewhat) offbeat growth plan for BBVA Compass

11/08/17

The regional bank’s first-year CEO is doing some expected things, like offering more products through digital channels, and making a few surprising moves, like inviting all credit card customers to switch to lower-rate loans.

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LendingClub's pullback amplifies consumer debt-load worries

11/08/17

The San Francisco firm is the latest U.S. lender to tighten credit standards amid concerns that consumers are shouldering too much debt.

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Acorns locks up retirement savings capability with Vault deal

11/08/17

Adding retirement accounts broadens the app's offerings to millennial clients.

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What Dems' brighter 2018 outlook means for banks

11/08/17

Democrats' victories in Virginia and New Jersey fueled speculation that they may be able retake the House during midterm elections next year. That could have a big impact on regulatory relief, housing finance reform and other bank priorities.

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CFPB sues largest debt settlement firm

11/08/17

The Consumer Financial Protection Bureau filed a lawsuit Wednesday against Freedom Debt Relief and its co-CEO for allegedly deceiving consumers.

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Treasury names criminal prosecutor as Fincen director

11/08/17

The Treasury Department on Wednesday named Kenneth A. Blanco, a longtime criminal prosecutor with the Justice Department, the director of the Financial Crimes Enforcement Network.

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Ally Financial taps former Citi exec to lead corporate strategy

11/08/17

Dinesh Chopra is online bank's first-ever chief strategy officer.

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The good reason why banks make bad fintech partners

11/08/17

Fintechs should learn to value risk management — and the necessary bureaucracy that comes with it, bankers said this week in defending themselves again criticism that they are a pain in the neck to work with.

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Comerica promotes Muneera Carr to CFO

11/08/17

Comerica's chief accounting officer since 2010, Carr will replace David Duprey, who is retiring early next year.

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