banking regulation

PHH Walks Away From High Court Appeal On CFPB Constitutionality

PHH Walks Away From High Court Appeal On CFPB Constitutionality
PHH Walks Away From High Court Appeal On CFPB Constitutionality
May 04, 2018  |  CFPB

PHH Corporation has decided not to appeal a case that questioned the constitutionality of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete...

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Dodd-Frank Rewrite Inspires Banks To Tackle Other Rules
Dodd-Frank Rewrite Inspires Banks To Tackle Other Rules
April 30, 2018  |  Banking

With Congress ready to pass the first rewrite of the Dodd-Frank Act, U.S. banks are looking to revise or eliminate more than a dozen other...

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Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
Wells Fargo Faces Record Fines From CFPB Over Auto Lending Scandal
April 10, 2018  |  Bank Regulation

The Consumer Finance Protection Bureau is seeking to impose fines – for a record amount – on Wells Fargo tied to the banking giant’s practices...

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OCC Gearing Up To Publish Position On FinTech Charter
OCC Gearing Up To Publish Position On FinTech Charter
April 10, 2018  |  Legal & Regulation

The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other...

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NCUA’s Membership Rule Change Challenged By Federal Judge
NCUA’s Membership Rule Change Challenged By Federal Judge
March 15, 2018  |  Credit Unions

The National Credit Union Administration’s (NCUA) defense of revisions to a field-of-membership rule isn’t sitting well with a federal judge — and that just might...

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Credit Scoring Debate Climbs (Capitol) Hill
Credit Scoring Debate Climbs (Capitol) Hill
March 14, 2018  |  Legal & Regulation

It’s no secret that legislation on Capitol Hill often gets mired in controversy and debate. And that’s especially true with a series of clashes over the...

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Bias Allegations Force Hand Of UK Complaints Body
Bias Allegations Force Hand Of UK Complaints Body
March 14, 2018  |  Cross-border Payments

Britain’s Financial Ombudsman Service (FOS) has been ordered to prove that the organization has thoroughly investigated customer complaints against banks. Get the Full Story Complete...

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UBS Hit With IPO Ban In Hong Kong
UBS Hit With IPO Ban In Hong Kong
March 12, 2018  |  B2B Payments

Swiss banking giant UBS is reportedly banned in Hong Kong from sponsoring initial public offerings (IPOs), reports in Financial Times said Friday (March 9). Get...

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