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Biden Will Choose a New Leader for Bank Regulator With ‘Toxic’ Culture
New York Times· 2 days agoPresident Biden plans to quickly choose a new leader to oversee the Federal Deposit Insurance...
FDIC chair out after toxic work culture report
The Week via Yahoo Finance· 16 hours agoSenate Banking Committee Chair Sherrod Brown (D-Ohio) had called for new leadership at the FDIC hours earlier, saying he no longer believed Gruenberg...
NYC Pension to Invest $60 Million to Preserve Cheap Housing
Bloomberg via Yahoo Finance· 12 hours ago...Bloomberg) -- New York City’s $86 billion pension fund for civil employees is investing in a...
Dimon lays out ‘dark ruminations,’ swipes at regulators at investor day
Banking Dive via Yahoo Finance· 19 hours agoThe Wall Street Journal reported Monday that Dimon led big-bank CEOs in pushing back on regulators’...
Some Online Finance Scam Losses Are on You
Bloomberg· 3 hours agoPaul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial...
US regulators reconsider capital hike for big banks, WSJ reports
Reuters· 2 days agoThe Federal Reserve and two other U.S. regulators are moving toward a new plan that would...
FDIC chairman Martin Gruenberg to resign following investigations into sexual harassment at the bank...
Business Insider· 1 day agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
New approaches may be needed to regulate AI, says Bank of England policymaker
Reuters· 22 hours agoArtificial intelligence could be fundamentally disruptive but help boost productivity in Britain's...
Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture
New York Times· 6 days agoDemocrats expressed dismay over his responses to the crisis at his agency, after a scathing report...
New Legislation Could Exempt Banks From Durbin’s Debit Fee Cap Impact
PYMNTS.com· 9 hours agoA bill that was approved by the House Financial Services Committee — the Bank Resilience and ...