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Rohit Chopra: FDIC Should Review More Changes in Bank Control
PYMNTS.com· 2 days agoThe Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any...
FDIC tables asset manager proposal
Banking Dive via Yahoo Finance· 2 days agoMcKernan, with support from FDIC Vice Chairman Travis Hill, proposed that the regulator set up and run a compliance...
CFPB Head Wary of Big Credit Card Mergers
PYMNTS.com· 4 days agoAmerica’s leading consumer finance watchdog is skeptical about giant mergers between credit card companies. Consumer Financial Protection Bureau (CFPB)...
US regulator pauses plans to scrutinize asset manager stakes in banks
Reuters via Yahoo Finance· 3 days agoWASHINGTON (Reuters) -A top U.S. bank regulator on Thursday shelved a vote to impose stricter...
Don't Bank on It: FDIC Board Withdraws Asset Manager Bank Control Proposals
The National Law Review· 2 days agoTwo proposals regarding oversight of the control of banks by asset managers were withdrawn at the 25...
CFPB Targets Mortgage Servicer 'Junk Fees'
PYMNTS.com· 3 days agoThe CFPB is targeting “junk fees” by mortgage servicers, the companies responsible for processing mortgage payments.
Mark Zuckerberg Says Threads ‘Growing Well’ With 150 Million Users
PYMNTS.com· 2 days agoThreads now has more than 150 million monthly active users. The Meta-owned text-based social media...
CFPB takes action to stop illegal junk fees in mortgage servicing
Retail Banker International via Yahoo Finance· 2 days ago“Homeowners cannot just simply switch providers if their mortgage servicer charges them illegal junk...
Dive Deposits: Moynihan, Pick are refashioning the buttoned-up earnings call, with words
Banking Dive via Yahoo Finance· 4 days ago“Our ability to acquire Credit Suisse underscores that the regulatory framework was not the...
FDIC Officials Seek More Sway Over Passive Bank Investments
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- The Federal Deposit Insurance Corp. is weighing new hurdles for investment companies...