bank regulation

ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap

ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap
ABA Urges Fed to Withdraw Proposed Debit Interchange Fee Cap
December 16, 2024  |  Bank Regulation

The American Bankers Association (ABA) said the proposed amendments to Regulation II that would cap debit card interchange fees are “fundamentally flawed and should not...

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HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
HSBC Australia Sued for ‘Widespread’ Anti-Fraud Failings
December 16, 2024  |  Bank Regulation

Banking giant HSBC is facing a lawsuit in Australia over alleged fraud-prevention failures. Get the Full Story Complete the form to unlock this article and...

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Greece to Cap Banks’ Fees on Money Transfers
Greece to Cap Banks’ Fees on Money Transfers
December 15, 2024  |  Bank Regulation

Greece reportedly aims to cap banks’ money transfer fees, while eliminating consumer bill pay fees. Get the Full Story Complete the form to unlock this...

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Yellen Cautions Trump Against Meddling With Financial Regulations
Yellen Cautions Trump Against Meddling With Financial Regulations
December 15, 2024  |  Bank Regulation

Treasury Secretary Janet Yellen says the next administration should leave “critically important” financial regulations untouched. Get the Full Story Complete the form to unlock this...

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Report: Trump Transition Team Members Consider Restructuring Bank Regulatory Agencies
Report: Trump Transition Team Members Consider Restructuring Bank Regulatory Agencies
December 12, 2024  |  Bank Regulation

Members of President-elect Donald Trump’s transition team reportedly are considering making changes to some bank regulatory agencies by shrinking, consolidating or eliminating them. Get the...

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Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
December 11, 2024  |  Partnerships

The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Get the Full Story Complete the form to unlock this article...

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Klarna Fined $50 Million for Anti-Money Laundering Defects
Klarna Fined $50 Million for Anti-Money Laundering Defects
December 11, 2024  |  Bank Regulation

Klarna has been fined $50 million in Sweden over faults in its anti-money laundering protections. Get the Full Story Complete the form to unlock this...

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TD Bank Says Earnings Growth ‘Challenging’ Amid AML Remediation
TD Bank Says Earnings Growth ‘Challenging’ Amid AML Remediation
December 05, 2024  |  Bank Regulation

TD Bank Group said Thursday (Dec. 5) that for the coming fiscal year, “it will be challenging for the Bank to generate earnings growth,” as...

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