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NBC News @nbcnews.com 路 Washington (state) 馃嚭馃嚫路 2w

#CreditSuisse #NaziHistory #BankingEthics

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Hundreds of Nazi-linked accounts discovered at Credit Suisse, lawmaker says
An investigation has identified 890 accounts at Swiss lender Credit Suisse with potential Nazi links, Sen. Chuck Grassley (R-IA) said ahead of a Judiciary Committee hearing on Tuesday on banks' facilitation of the Holocaust.
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The Wall Street Journal @wsj.com 路 New York City 馃嚭馃嚫路 3w

#BankingRegulation #FinancialSupervision #FedReforms

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How Trump's Ally at the Fed Is Remaking Bank Oversight
Michelle Bowman, Federal Reserve vice chair for supervision, is implementing changes to ease regulatory burdens on banks, and facing internal resistance.
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Bloomberg Business @bloomberg.com 路 New York City 馃嚭馃嚫路 3w

#RiskManagement #StressTesting #BankingRegulation

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Global risk management amid macro shocks | Insights | Bloomberg Professional Services
An over-reliance on historical data and correlations in stress tests meant that many banks were ill-equipped to model different scenarios upon the introduction of new tariffs.
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Forbes @forbes.com 路 Jersey City, New Jersey 馃嚡馃嚜路 4w

#Fintech #Acquisition #Banking

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Capital One Acquires Brex: A $5 Billion Bargain Or Mistake?
Forbes contributors publish independent expert analyses and insights. OBSERVATIONS FROM THE FINTECH SNARK TANK Capital One announced it's acquiring small business banking fintech Brex for $5.
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Bloomberg Business @bloomberg.com 路 New York City 馃嚭馃嚫路 4w

#CreditCardRates #BankingIndustry #FinancialRegulation

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Bank of America, Citigroup Weigh New Credit Cards With 10% Rate
Offering new products with a 10% interest rate would be an easier path for banks to comply with Trump's demands, rather than reworking the terms and conditions on existing cards.
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Bloomberg Business @bloomberg.com 路 New York City 馃嚭馃嚫路 4w

#Banking #Deregulation #FinancialCrisis

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How Trump Is Rewriting the Rules for America's Biggest Banks
Washington's matrix of banking regulations, in the view of Wall Street lending giants, has long been overly complex and burdensome.
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New York Post @nypost.com 路 New York City 馃嚭馃嚫路 4w

#Economy #Banking #CreditCardRates

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nypost.com
JPMorgan CEO shares dire warning about Trump's 10% credit card cap:...
JPMorgan Chase CEO Jamie Dimon on Wednesday warned that President Trump's 10% credit card cap would force banks to yank credit lines for most Americans - hammering the economy.
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Bloomberg Business @bloomberg.com 路 New York City 馃嚭馃嚫路 4w

#Banking #Geopolitics #CentralBanks

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BOE's Bailey Warns of Spillovers From Trump Attack on Fed
Bailey defended the BOE after criticism over a recent relaxation in banks' capital requirements, saying "When we look across the piece from the top down, we felt that it was sensible.
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HuffPost @huffpost.com 路 United States 馃嚭馃嚫路 4w

#Banking #CreditCards #Finance

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U.S. Bank Stocks Fall As Investors Weigh Credit Card Rate Cap Deadline
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