Bank Regulation

Bank Regulation
NAB CEO, Chairman To Step Down Amid Performance Criticism
February 07, 2019

National Australia Bank chief executive Andrew Thorburn and chairman Ken Henry are leaving amid criticism of their leadership at the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bank Regulation
Link, ATM Operator Face Potential Court Fight
February 03, 2019

NoteMachine, one of the biggest ATM operators in the U.K., is threatening to sue Link, the U.K. body that oversees the network of cash machines in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bank Regulation
Australian Reg: Banks Need More Competition
February 03, 2019

Australia’s competition regulator is going after the banking industry in the country, vowing to punish what it claims is misconduct, reported The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Fed To Investigate Deutsche Bank’s Role In Danske Bank Scandal
January 23, 2019

Deutsche Bank’s handling of billions of dollars in suspicious transactions from Danske Bank’s Estonian branch is raising the ire of the Federal Reserve, which is looking into it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Bank Regulation
Wells To Pay $575M Over Customer Abuse Claims
December 28, 2018

Wells Fargo, implicated in a far-reaching banking scandal where it was accused of creating fake accounts and charging customers for services they didn’t sign up for, has agreed to pay $575 million to settle claims, according to reports. Get the Full Story Complete the form...

Bank Regulation
Malaysia Demands $7.5B From Goldman
December 26, 2018

Goldman Sachs could be on the hook for $7.5 billion in reparations from the Malaysia government pertaining to its link to the 1MDB scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bank Regulation
Lawmakers Raise FinTech Concerns Post Robinhood Debacle
December 21, 2018

A bipartisan group of U.S. senators has expressed concerns that FinTech startup Robinhood is not being transparent about its cash management service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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

Eight people in Estonia have been arrested in connection to Danske Bank’s money laundering scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank Regulation
Robinhood Retreats From Checking, Savings Products
December 16, 2018

Robinhood, the FinTech that garnered a lot of attention last week after announcing a checking and savings product with 3 percent interest, has retreated from that, removing any mention of checking and savings from the product. Get the Full Story Complete the form to unlock...