A former Georgia banker charged with embezzling more than $69,000 from her bank was prohibited from serving at federally insured financial institutions after agreeing to a decree from the Federal Reserve, the agency said Thursday. […]
Implementing voice payments skills through smart devices, such as the Amazon Echo and Google Nest, is the aim of a legal and risk mitigation resource guide unveiled Tuesday by the group that oversees the national […]
Protecting older Americans against financial exploitation is the goal of a May 19 webinar hosted by the federal credit union regulator, the agency said Wednesday, adding that the federal consumer financial protection agency will also […]
Promoting responsible innovation in the federal banking system is the objective of virtual office hours scheduled by the national bank regulator for June 14-15, the agency said Wednesday. And, according to the Office of the […]
A $10 million penalty was ordered against Bank of America for processing illegal, out-of-state garnishment orders against its customers’ bank accounts, the federal consumer financial protection agency said. According to the Consumer Financial Protection Bureau […]
Nine out of 69 federally supervised banks evaluated recently for their efforts under the anti-redlining Community Reinvestment Act (CRA) were rated “outstanding,” according to information released Tuesday by regulators, while one was deemed “needs to […]
Banks’ small business lending practices and volumes are the subject of an online survey unveiled Tuesday by the federal insurer of bank deposits and the federal census agency, the two groups said in a release […]
Recommendations for the reporting and collection of climate-related financial data was published Friday by the group representing financial institution regulators from around the world. The Financial Stability Board (FSB) said the recommendations will be open […]
Confirmation of a new Federal Reserve Board member could be considered this week by the Senate if the nomination clears a procedural vote, according to the Senate’s schedule for the week. The nomination of Lisa […]
A new proposed rule to modernize banks’ Community Reinvestment Act (CRA) requirements is on the discussion agenda for Thursday’s open meeting of the Federal Deposit Insurance Corp. (FDIC) Board, according to a notice published on […]
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