FHA still weighing premium cuts: Carson

10/12/17

HUD Secretary Ben Carson said he's held off making any decision on premium cuts until the confirmation of key appointments. "It has been a real ordeal getting people in place," he said.

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Depositors put ‘digital capability’ on par with yields: Inside JPM's 3Q

10/12/17

Consumers are looking for high-tech services, not just higher deposit rates, in deciding where to park their cash, a top JPMorgan executive said in discussing the company's explosive deposit growth in the third quarter — and whether it will continue.

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HSBC names insider Flint for CEO

10/12/17

HSBC named John Flint as its next chief executive officer after new Chairman Mark Tucker opted not to break with tradition and tapped a long-serving insider to run Europe's largest bank.

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JPMorgan, like Wall Street rivals, is 'open minded' on bitcoin

10/12/17

JPMorgan Chase joined Wall Street rivals in expressing a willingness to get involved with cryptocurrencies like bitcoin, which surged to a record on Thursday.

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When JPMorgan's Sandie O'Connor talks, policymakers listen

10/12/17

From chairing a panel charged with replacing Libor to advising the president and Congress on regulatory reform, JPMorgan Chase's chief regulatory affairs officer has emerged as a leading voice on fine-tuning crisis-era rules.

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Faith without evidence? Growing fears over Fed's inflation policies

10/12/17

The release of the September meeting of the Federal Open Market Committee minutes reinforce concerns that the central bank doesn't fully grasp the interplay between monetary policy, inflation, and unemployment.

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The role banks can play in ending global poverty

10/12/17

Banks could help narrow the financing gap for U.N. development goals to be met, but changes in Basel and loan guarantee standards are necessary.

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Amex targets Square, PayPal in small-biz lending

10/12/17

In the digital age, a lot has changed about how businesses operate — and a lot of new data is being generated in the process. American Express is tapping into this data for instant credit decisions.

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Citigroup's 2% reduction in costs provides cornerstone of 3Q

10/12/17

Overall net income rose 8% to $4.13 billion as cost control helped overcome shortcomings in global consumer banking profits and bond trading revenue.

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JPMorgan leans on core banking in third quarter

10/12/17

An increase in corporate loans, the highest lending margin in 4 1/2 years and record profit in asset management helped the lender top analysts’ estimates and offset trading and other challenges.

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