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1. • The Fed Has No Earnings to Send to the CFPB

     Ludwig von Mises Institute· 2 days ago

     The Fed is running giant losses: it has lost the staggering sum of $169 billion since September 2022, and it continues to lose money at the rate of more than $1

2. • EM Portfolios See Foreign Inflows for Seventh Straight Month in May -IIF

     US News & World Report· 19 hours ago

     The Institute of International Finance (IIF) said net non-resident portfolio flows into emerging markets came in at $5.5 billion in May compared to a revised $8.2 billion ...

3. • 

     Florida TD employee accused of taking bribes in new AML case

     Banking Dive via Yahoo Finance· 3 days ago

     The employee, who has since been fired, allegedly took $200 bribes from a Colombian national and...

4. • How MENA’s financial services sector is empowering women

     Gulf Business· 3 days ago

     MENA financial services sector has made significant progress in empowering women economically, politically, and socially.

5. • 

     Kids are losing Medicaid coverage at high rates in these 10 states. Here's how to fix it.

     Stacker via AOL· 2 days ago

     The great unwinding of a historically strong period of public health care coverage for Americans has...

6. • 

     How Wealthfront Finally Became Profitable After 14 Years

     Forbes· 4 days ago

     The devastating announcement came on September 2, 2022: Swiss banking giant UBS was scrapping its...

7. • 

     Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year

     CNBC· 4 days ago

     PARIS — Dutch digital bank Bunq is hoping it will manage to secure a banking license from U.K....

8. • 

     FDIC-Insured Banks' Q1 Earnings Down on Lower NII, Loan Balance

     Zacks via Yahoo Finance· 7 days ago

     The FDIC-Insured banks' (like JPM, BAC, C & WFC) Q1 earnings are hurt by rising funding costs, a...

9. • Thompson Coburn adds Attorney Daniel Wu to Los Angeles Business Litigation Practice as Firm...

     Los Angeles Times· 10 hours ago

     Thompson Coburn LLP adds Daniel Wu as a partner in the firm’s growing Los Angeles office. Wu joins the Business Litigation practice, where he represents banks, financial institutions and business ...

10. • As FDIC Notes More ‘Problem’ Banks, Will Debate Over Deposit Insurance Heat Up?

      PYMNTS.com· 4 days ago

      … and an increase in “problem” banks, even as uninsured deposits grew in the first quarter. All of which begs the question as to when — perhaps not whether — the debate over uninsured deposits ...