(source: en.wikipedia.org)
Financial innovation carries risks that need to be monitored, said a regulatory panel based in the United States. The warning came on Thursday from the Financial...
The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook...
JPMorgan Chase’s Swiss subsidiary broke anti-money laundering rules in that country, according to FINMA, the Swiss financial markets authority. Reuters reported that the findings have...
A bipartisan group of U.S. senators has agreed to lift some of the financial regulations placed on regional banks following the 2008 financial crisis, according...
Online consumer lending – in a variety of forms – has grown explosively over the last decade. In 2010, digital lenders originated $249 million in unsecured personal...
The Federal Reserve’s new vice chairman for supervision said the agency will take a closer look at the potential disruptions posed by FinTech firms. “History...
Wells Fargo, the embattled bank, disclosed in a regulatory filing that it is facing lawsuits over scandals in its auto lending and mortgage units. In...
In banking news, Keith Noreika, the acting U.S. Comptroller of the Currency, is trying to make it easier for Wells Fargo to pay employees when...
The U.S. National Highway Traffic Safety Administration (NHTSA) wants input from the industry in finding ways to remove regulatory issues that prevent the rollout of...