by Ken Chase | Aug 22, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 3 minutes In a new circular published this week, the Consumer Financial Protection Bureau outlined financial companies’ responsibility to protect their customers’ personal and financial data. In a move that analysts viewed as a... by Ken Chase | Aug 13, 2022 | Banks, Market
Estimated reading time: 2 minutes The Federal Deposit Insurance Corp. (FDIC) announced last week that its next test cycle will expand scrutiny old bank-held commercial real estate loans. In a report revealing the increased focus, the FDIC cited macroeconomic...
by Ken Chase | Aug 9, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes In a new report released on August 4, compensation consultancy firm Johnson Associates predicted potential job losses and bonus reductions for the financial industry in the immediate future. The report cited the recent...
by Ken Chase | Aug 9, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes Goldman Sachs has revealed that the Consumer Financial Protection Bureau (CFPB) is currently investigating the company’s credit card practices. The firm disclosed the news in a regulatory filing on August 4, noting that...
by Ken Chase | Aug 1, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 3 minutes The state of West Virginia has barred five of the largest financial firms from conducting new business with the state, after the state determined that the companies had been effectively boycotting energy companies like...
