‘The CFPB is simply not listening,’ credit union group says
Credit unions continue to press the Consumer Financial Protection Bureau for regulatory relief, arguing that existing exemptions have not gone far enough. American Banker: Feed
Tag Archives: Says
Even in Trump era, cross-border rules critical, top European regulator says
Andreas Dombret, the top banking regulator in Germany, said that international standards need to be vigorously enforced and implemented. American Banker: Feed
Wells Fargo will not review accounts opened before 2009, CFO says
A review of activity that long ago would not shed additional light on the scope of misconduct in Wells Fargo’s retail banking unit, CFO John Shrewsberry said in an interview. American Banker: Feed
Talking politics taboo in the workplace? B of A says it’s OK
The more vocal millennial generation is pushing companies like Bank of America to redefine diversity in the workplace to include more freedom of expression. American Banker: Feed
Wells Fargo Stonewalling on Accounts Scandal, Brown Says
Sen. Sherrod Brown, the top Democrat on the Senate Banking Committee, sharply criticized Wells Fargo on Friday for failing to respond to questions about the phony-accounts scandal, including when the board and top executives first learned of the illegal sales practices. American Banker
FDIC Could Have Avoided Data Breaches, IG Says
Its watchdog said the Federal Deposit Insurance Corp. failed to implement measures that could have prevented at least eight cybersecurity breaches from departing employees over the last year. American Banker
Lending Club Says It Overstated Loan Sales Figures
Lending Club has revised its loan sales data for the last week of May after discovering that the numbers included loans that it actually bought itself. American Banker