In the halls of Congress and in the halls of Wall Street it wasn’t all about Comey Thursday. 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...
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will not be stepping down from the president’s Strategic and Policy Forum, despite criticism of his alleged support for President Donald Trump. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The saga continues for Wells Fargo, as plaintiff lawyers in its fraudulent case up the fictitious accounts opened number. 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...
The fallout from last year’s Wells Fargo scandal continues. Most recently, Wells’ CEO Tim Sloan looked to persuade investors to not expel board members at the lender’s upcoming annual meeting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the continuing faceoff between the Trump administration and the Consumer Financial Protection Bureau (CFPB), the American Banker stated that President Donald Trump “deeply impressed” a group of community bankers at a Thursday meeting. Get the Full Story Complete the form to unlock this article...
Guo Shuqing, the former head stock market regulator in China, has been appointed as chairman of the China Banking Regulatory Commission, replacing Shang Fulin, who was forced to retire after reaching the mandatory retirement age of 65. Get the Full Story Complete the form to...
Bank of New York (BNY) Mellon Corp. was unable to process payment instructions sent over the Swift Network from clients for a 19-hour stretch earlier this week. According to reports, the outage began around 2:30 pm on Sunday (Dec. 4) and was not resolved until...
The parade of political appointees for the incoming Trump administration continues, and as noted in reference to the financial industry, one possible appointment looms large. Bloomberg reported that President-elect Donald Trump may be putting a new position in place: A Federal Reserve vice chairman whose primary purview...
The more things change, the more they may stay the same … when it comes to interest rates. Two words came from the Fed chair last week that show that — election shocker notwithstanding — monetary policy will stay the course. Get the Full Story...
