The American Council of Life Insurers (ACLI) continues to stand by their position that life insurers’ core activities do not pose any systemic risk. A systematic risk is a system-wide financial c...
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Total consumer credit rose 8.5 percent in August, according to a recent report by the National Association of Federal Credit Unions (NAFCU). Additionally, the credit unions’ share of the total co...
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The National Credit Union Administration (NCUA) recently expanded access to its consumer assistance complaint portal, which would allow for a quicker process for credit unions to correspond with NCUA...
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The Mortgage Bankers Association (MBA) recently released its weekly mortgage application survey for the week ending on Sept. 30. The report said the market composite index, which measures mortgage ...
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Greenwich Associates recently named U.S. Bank as a Best Brand for Small Business and for Middle Market Banking. U.S. Bank is just one of eight institutions to win Best Brand Overall awards in both ...
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An International Town Hall webinar was held in Bermuda on Dec. 2 to raise awareness of career opportunities in the insurance and risk management industry as well as support recruitment efforts for the...
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FIA recently applauded the publication of the European Commission’s proposals to amend the Capital Requirements Directive 2013/36/EU (CRD IV) and the Capital Requirements Regulation EU no 575/2013(C...
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Top Democrats from the House Financial Services Committee sent letters to Inspectors General at the Department of Housing and Urban Development, Department of Justice and other federal financial servi...
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For Wisconsin’s 170 state-chartered banks, the past year has led to a distinct period of growth, according to the Federal Deposit Insurance Corp. (FDIC). This week, the FDIC announced a net incom...
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The U.S. House of Representatives on Thursday passed a bipartisan bill to more accurately reflect potential risks that financial institutions could pose to the economy. The Systemic Risk Designatio...
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The Financial Services Institute (FSI) on Nov. 29 released the results of its latest poll of more than 1,300 financial advisors, which focused on presidential elections and critical industry issues fa...
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Following on the heels of a report from the Commission on Enhancing National Cybersecurity, President Barack Obama addressed the state of the nation’s cybersecurity last week. The commission, whi...
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The Conference of State Bank Supervisors (CSBS) said it has concerns about a special purpose charter from the Office of the Comptroller of the Currency (OCC) on financial technology firms and that it ...
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In a unanimous decision, the U.S. Commodity Futures Trading Commission (CFTC) approved proposals on Dec. 2 under the Dodd Frank Act to establish swap dealer (SDs) and major swap participant (MSPs) min...
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Leading Democrats signed onto an amicus brief on November 29, joining what is proving to be a contentious court case between the Consumer Financial Protection Bureau (CFPB) and the PHH Corporation ( P...
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MasterCard on Thursday provided an update on its migration to Europay, MasterCard and Visa (EMV) chip technology and the regulatory implementation challenges facing merchants with automatic fuel dispe...
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Greenwich Associates recently recognized Regions Bank for its customer service operations to investment clients through Regions Private Wealth Management. Regions was recognized in Greenwich’s 2...
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