banking regulation

NY Hopes to Offset Trump’s ‘Aggressive Regulatory Reduction’
NY Hopes to Offset Trump’s ‘Aggressive Regulatory Reduction’
December 26, 2024  |  Bank Regulation

New York is reportedly tightening its financial scrutiny as Donald Trump returns to office.  With the incoming President Trump planning to roll back financial regulations,...

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Trump Considering ‘Pretty Significant’ Changes to CFPB
Trump Considering ‘Pretty Significant’ Changes to CFPB
November 24, 2024  |  CFPB

President-elect Donald Trump and congressional Republicans are reportedly considering sweeping changes to the Consumer Financial Protection Bureau (CFPB). The GOP hopes to curtail the powers...

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Barclays Calls on Ex-CEO to Fight $50 Million UK Fine
Barclays Calls on Ex-CEO to Fight $50 Million UK Fine
November 24, 2024  |  Legal

Barclays has reportedly asked ex-CEO John Varley to help it challenge a $50 million fine. The British banking giant will appear before the upper tribunal...

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McHenry: Banking Regulators Stuck ‘Fighting the Last War’
McHenry: Banking Regulators Stuck ‘Fighting the Last War’
November 20, 2024  |  Bank Regulation

By this time next year, America’s banking regulators will likely have new leadership. At a hearing Wednesday (Nov. 20) Rep. Patrick McHenry took the outgoing...

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CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
November 07, 2024  |  Bank Regulation

The government has ordered America’s largest credit union to repay its customers $80 million. Navy Federal Credit Union was issued that order Thursday (Nov. 7)...

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Elizabeth Warren: TD Bank Execs Should Have Been Prosecuted
Elizabeth Warren: TD Bank Execs Should Have Been Prosecuted
November 03, 2024  |  AML

Last month, the Justice Department settled an anti-money laundering probe into TD Bank. But according to U.S. Sen. Elizabeth Warren, D-Mass., the $3 billion the...

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Battle Lines Being Drawn as FDIC Examines Industrial Loan Companies
Battle Lines Being Drawn as FDIC Examines Industrial Loan Companies
October 09, 2024  |  Bank Regulation

A relatively obscure corner of the banking sector is being thrust into the spotlight — and the Federal Deposit Insurance Corp. may change the ways in...

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Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
August 14, 2024  |  artificial intelligence

For banks, the chatbot is a tool that’s being retooled, a work in progress. The progress is being hastened by artificial intelligence (AI), where the...

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Cable and Vantage Bank Team on Embedded Banking Compliance
Cable and Vantage Bank Team on Embedded Banking Compliance
July 29, 2024  |  Partnerships

Risk management platform Cable has launched a partnership with Texas-based Vantage Bank. The collaboration, announced Monday (July 29), is designed to help Vantage improve its...

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