ABI Blog Exchange

2020-02-13
The three cease and desist orders and one written agreement had cited separate concerns at JPMorgan Chase, Discover, Deutsche Bank and RBS.

Read More from: BankThink

2020-02-13
CollegeBacker and UNest aim to streamline the cumbersome process of opening and funding a 529 education savings plan, with slick apps, low fees and handpicked plans.

Read More from: BankThink

2020-02-13
Both Democrats and Republicans aired concerns about controversial statements made by Judy Shelton on monetary policy, deposit insurance and other issues, raising doubts about her confirmation.

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2020-02-13
The startup spawned in Eastern Bank's innovation lab says its bank customers asked for client-friendly software for account opening, credit cards and more types of commercial lending.

Read More from: BankThink

2020-02-13
The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.

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2020-02-13
Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods.

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2020-02-13
Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.

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2020-02-13
Student Loan Forgiveness Gone? Riffing off yet another Zach Friedman Forbes story:

Read More from: Discharge Student Loan

2020-02-12
Ken Montgomery, who is heading up the Federal Reserve's faster payments network, says the agency is taking an incremental approach to launching the service.

Read More from: BankThink

2020-02-12
To address immediate market demand but allow time for the project to be done right, the official leading implementation of FedNow says the central bank envisions an initial release in 2023 or 2024 followed by subsequent updates.

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2020-02-12
Ag lenders say the Trump administration’s waivers for oil refineries threaten another source of revenue for corn growers and ethanol makers.

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2020-02-12
A study by the House Financial Services Committee on the industry’s efforts to hire and promote more women and minorities has sparked a dispute over whether banks should have to be more transparent about those efforts.

Read More from: BankThink

2020-02-12
Wells is thought to be the first big U.S. bank to allow harassment victims to go to court instead of arbitration. An investment firm that advocates for progressive causes claimed credit for the policy change.

Read More from: BankThink

2020-02-12
Activist investors say the lender's words on combating climate change have not matched its actions. But the company argues that requests to put climate resolutions to a shareholder vote amounts to micromanagement.

Read More from: BankThink

2020-02-12
On February 12, 2020, RentPath Holdings, Inc. (f/k/a Pittsburgh Holdings, Inc.