Britain’s Financial Ombudsman Service (FOS) has been ordered to prove that the organization has thoroughly investigated customer complaints against banks. FOS handles complaints that customers...
Swiss banking giant UBS is reportedly banned in Hong Kong from sponsoring initial public offerings (IPOs), reports in Financial Times said Friday (March 9). The...
It doesn’t look like global banking regulators will be rushing to change their rules for FinTechs anytime soon. According to Reuters, traditional banks will feel...
After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB)...
China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Reports in Reuters said...
With FinTechs eroding away traditional banks’ lead, rules governing investments in software in the European Union (EU) may loosen. According to a news report in...
The regulatory rollback may be rolled back. It has been a key aim of the Republican Congress and President Donald Trump’s administration over the past...
The Consumer Financial Protection Bureau warned companies Monday (July 31) about tricking consumers into expensive pay-by-phone fees. In a press release the government watchdog said...
An outside advisor to President Donald J. Trump, Corey Lewandowski, said Sunday (July 30) that Consumer Financial Protection Bureau (CFPB) Director Richard Cordray should be...