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Beware Farage’s £40bn raid on banks – there is no such thing as a free lunch
The Telegraph via Yahoo Finance· 4 days agoIt never seemed likely that the arcane subject of the payment of interest on commercial banks’...
FDIC’s toxic culture raises an opportunity to address its toxic governing schemes
The Hill· 6 days agoRegardless, his downfall should serve as an opportunity to address the broader issue of regulatory...
Central banks face threats to their independence − and that isn’t good news for sound economic...
San Francisco Chronicle· 6 days agoBy controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment and financial stability – all things that can, if played right, provide politicians ...
CFPB Announces “Payday Loan” Rule to Take Effect Next Year | JD Supra
JD Supra· 4 days agoWhile ostensibly aimed at higher-APR lending (e.g., loans with an APR above 36%), it also applies to most creditors, including banks, offering loans: (1) that are substantially ...
JD Supra: Troutman Pepper Weekly Consumer Financial Services Newsletter
JD Supra· 6 days agoOn May 10, the House Financial Services Committee announced that the House Committee on Rules will consider the Financial Innovation and Technology Act for the 21st Century Act (FIT Act), a ...
Canada's parliament grills bank CEOs on climate policy in rare meeting
Reuters· 7 days agoThe CEOs of Canada's big five banks on Thursday reassured members of parliament about their...
Colorado banking leaders look ahead on interest rates, regulation and the economy - Denver Business...
The Business Journals· 3 days agoAssociation (CBA) are already getting started on policy advocacy and other issues that affect the...
Gateway - Quartz
Quartz· 3 days agoThe largest lender in crypto, Genesis Global Capital, engaged in the same kind of high-risk lending practices that have brought down similar firms, a Quartz ...
Fed hits Synapse partner Evolve with enforcement action
Banking Dive via Yahoo Finance· 6 days agoAn exam last year revealed Evolve Bank & Trust didn’t have an effective risk management framework in...
Private Credit Investors in Europe Ditch Extra Leverage on Default Fears
Bloomberg via Yahoo Finance· 7 hours ago(Bloomberg) -- Private credit investors in Europe are abandoning leveraged plays to try to get ahead...