Quotes from the news wire:
We are unsurprised the FDIC retained loans as we would expect banks to be cautious on quickly buying loans without liability and loss protections, more broadly, we see it as positive for consumer confidence for the branches to be opening Monday as NYCB branches.
Found on CNN 1 year ago
Banks may find it better to cut interest rates than engage in a public fight with the agency.
Found on CNN 2 years ago
The letter tells us that DOL has political support for its push to keep Fidelity from letting individuals invest up to 20 % of their 401( k) money into bitcoin.
Found on CNN 2 years ago
We expect additional ESG proposals in the coming years that will tackle social justice and governance as well as asset managers who make ESG claims, the idea is that standardized disclosure would benefit investors by letting them compare performance among public companies.
Found on CNN 2 years ago
We do not expect these penalties will end Wells Fargo's troubles in Washington...Yet this is still a positive development for Wells Fargo as this was a hurdle that the bank was always going to have to clear.
Found on Reuters 4 years ago
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