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CFPB boss warns over competition and financial stability as Capital One and Discover pursue $35bn merger
Talks show largest US lender’s appetite for a payments network to support its credit card business
...NYCB bought the operations of Signature Bank, another lender that collapsed last year, in a deal arranged by the Federal Deposit Insurance Corp....
...“I have never lost money for those who invest in me and I am not starting now,” he told Axios earlier this month, when asked about a separate fundraising push by his company X.ai Corp....
New York and Tokyo banks seek deeper ties as they try to compete with larger rivals
Analysts say some lenders could lift their guidance when they report first-quarter results
Investors including former Treasury secretary Steven Mnuchin stand to make hundreds of millions on bailout
Regional lender promotes former Flagstar chief to executive role after rating cut to junk
Takeover set to unite two of the US’s largest credit card companies and reshape industry
Bank’s Discover Financial takeover proposal faces an ‘aggressive sheriff’ in US antitrust regulators
Biggest lenders optimistic about economic outlook despite higher interest rates
Republicans on board say review of regulator’s culture must also look at conduct of chair Martin Gruenberg
Net interest income is squeezed as lenders pay out more to keep depositors
Chief executive made headlines after firing 900 workers over Zoom
Analysts predict the net interest income driving Wall St profits took a hit in the third quarter
Earnings from BofA, PNC and BNY Mellon point to headwinds for net interest income
JPMorgan chief ‘wouldn’t be a big buyer’ as industry fights Fed’s Basel III implementation
...Additional reporting by Joshua Franklin in New York...
...She has become known as a master storyteller, tailoring ballet’s vocabulary to a range of literary sources, from John Steinbeck’s Of Mice and Men to Australian novelist Miles Franklin’s My Brilliant Career...
...The deal gives the Canadian insurer a 6.2 per cent stake in Franklin....
...“My office was ransacked three or four times, with bookshelves pulled down and typewriters thrown through partitions....
Customers pulled almost $100bn from ‘Big Four’ retail lenders in first quarter, according to analysts’ forecasts
Regulators’ intervention in crisis has so far failed to calm nerves
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