bank regulation

Reports Link UK Treasury To RBS’ Small Biz Restructuring Scandal
Reports Link UK Treasury To RBS’ Small Biz Restructuring Scandal
January 30, 2019  |  Regulation

As the fallout from Royal Bank of Scotland’s small business mistreatment scandal continues, the effects are being felt beyond the institution and across the entire...

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Government Shutdown Threatens Trump’s Financial Deregulation
Government Shutdown Threatens Trump’s Financial Deregulation
January 17, 2019  |  Regulation

The government shutdown, which is now the longest in modern history, is hurting President Donald Trump’s deregulation plans in the financial services industry. According to...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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UK Says ‘No’ To Small Business Loan Regulation
UK Says ‘No’ To Small Business Loan Regulation
January 14, 2019  |  B2B Payments

The U.K. government has reportedly rejected recommendations by the Treasury Select Committee that suggested stricter regulations on bank lending to small businesses (SMBs). Reports in...

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Deutsche Bank: How To Make FI/FinTech Partnerships Work
Deutsche Bank: How To Make FI/FinTech Partnerships Work
December 27, 2018  |  Innovation

David Watson of Deutsche Bank contributed the following piece as part of PYMNTS’ Masterclass series, where participants in the world of payments and commerce can...

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Danske Fraud Case Leads To Eight Arrests In Estonia
Danske Fraud Case Leads To Eight Arrests In Estonia
December 19, 2018  |  Bank Regulation

Eight people in Estonia have been arrested in connection to Danske Bank’s money laundering scandal. According to Reuters, Estonian newspaper Postimees reported on Tuesday (December 18)...

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Macron, French Banks Agree Not To Raise Bank Fees
Macron, French Banks Agree Not To Raise Bank Fees
December 12, 2018  |  Europe

France’s major banks have agreed to freeze the fees they charge next year in an effort to stop “yellow vest” protests that have recently hit...

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Fed To Wells: Reform Or See Growth Stall
Fed To Wells: Reform Or See Growth Stall
December 10, 2018  |  Bank Regulation

Wells Fargo won’t be allowed to grow until it hardens its risk management policies to make sure there are no more abuses of customers, according...

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Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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