bank regulation

Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits

Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits
Report: Citi Allegedly Broke Fed’s Intercompany Transaction Limits
July 31, 2024  |  Banking

Citigroup reportedly made repeated breaches of a Federal Reserve rule limiting intercompany transactions. Get the Full Story Complete the form to unlock this article and enjoy...

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Synapse Financial Credit Division Loses Lending License
Synapse Financial Credit Division Loses Lending License
July 30, 2024  |  Legal & Regulation

Warren Buffett once remarked that it’s when the tide goes out that you find out who’s been swimming naked. Get the Full Story Complete the...

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UK Banking Giants Accused of Breaching CMA Rules
UK Banking Giants Accused of Breaching CMA Rules
July 25, 2024  |  Bank Regulation

Four major U.K. banks have been accused of violating a regulator’s competition rules. Get the Full Story Complete the form to unlock this article and...

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FDIC Vice Chairman Travis Hill: Basel III Endgame Needs Re-Proposal
FDIC Vice Chairman Travis Hill: Basel III Endgame Needs Re-Proposal
July 24, 2024  |  Bank Regulation

The Basel III Endgame proposal requires “broad and material changes,” and a re-proposal is necessary, Federal Deposit Insurance Corp. (FDIC) Vice Chairman Travis Hill said...

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Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
Regulators’ Actions vs Green Dot and Other Banks Highlight Scrutiny Over AML Practices
July 22, 2024  |  AML

Enforcement actions and fines from regulators — the Federal Reserve, the Office of the Comptroller of the Currency and others — highlight the growing scrutiny...

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OCC: Banks Unprepared for Cyberattacks and Other Risks
OCC: Banks Unprepared for Cyberattacks and Other Risks
July 21, 2024  |  Banking

A U.S. banking regulator has reportedly determined that many lenders aren’t prepared for risks. Get the Full Story Complete the form to unlock this article...

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Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Partnerships

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Get the Full Story Complete the form to unlock this article and...

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UK’s FCA: Financial Firms Must Improve Treatment of Politicians
UK’s FCA: Financial Firms Must Improve Treatment of Politicians
July 18, 2024  |  Legal & Regulation

The United Kingdom’s Financial Conduct Authority (FCA) is looking to change its guidance to ensure that financial firms do not treat politicians and public servants...

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