Dodd-Frank thresholds have ‘perverse effect,’ says acting comptroller

10/05/17

Acting Comptroller of the Currency Keith Noreika on Thursday called for steps to ease the asset thresholds that determine whether banks are subject to certain provisions of the Dodd-Frank Act.

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'Gov. Cordray'? Ohio bankers hedge their bets

10/05/17

While disappointed with the CFPB's actions in recent years, bankers said they want to see a campaign platform before making a decision on the agency's director.

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BMO and TD lead peers in pot accounts

10/05/17

Bank of Montreal and Toronto-Dominion Bank are emerging as the banks of choice for Canada's burgeoning marijuana industry, even as some lenders shun the sector.

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Senate confirms Quarles as first Fed vice chair of banking supervision

10/05/17

Randal Quarles was confirmed 65 to 32 as a Fed governor, and by voice vote as the vice chairman of banking supervision.

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Senators question credit bureau model; Yellen (again) on 'appropriate' regs

10/05/17

Day two of Equifax hearing focuses as much on business model as on the data breach; Fed chair again says she supports bank rules that are not "unduly burdensome."

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Delinquencies remain low even as household debt climbs

10/05/17

At 1.56%, the delinquency rate on consumer loans remains well below historic averages, the American Bankers Association said Thursday.

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Lifetime achievement: Huntington's Mary Navarro

10/05/17

The financial crisis gave Mary Navarro an unprecedented opportunity to change banking for the better — and she delivered.

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TD bank sets up cybersecurity shop in Israel

10/04/17

Tel Aviv is home to some of the world's top cybersecurity talent, the bank said.

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Senate takes key step toward confirming Quarles for Fed

10/04/17

The Senate invoked cloture to begin the process of confirming Randal Quarles as a governor on the Fed board.

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Dem bill would shut down banks over Wells-caliber abuses

10/04/17

A bill backed by House Democrats would establish a process to review big banks for patterns of consumer violations, ending possibly in culpable institutions losing their charter.

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