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FDIC Approves Final Statement on Bank Merger Transactions

FDIC Approves Final Statement on Bank Merger Transactions

The Final SOP supersedes the existing Statement of Policy, which was last updated in 2008
CFPB Issues New Guidance to Stop Banks from Harvesting Overdraft Fees

CFPB Issues New Guidance to Stop Banks from Harvesting Overdraft Fees

Consumer protection law enforcers will now require banks to show evidence of opt-in agreements
Will You Be Conspicuous by Your Absence? Banking Exchange Fly-in November 7

Will You Be Conspicuous by Your Absence? Banking Exchange Fly-in November 7

Bringing together banking industry leaders
Lending Market Set to Open Up Even Before 0.5% Interest Rate Cut

Lending Market Set to Open Up Even Before 0.5% Interest Rate Cut

Fixed-rate mortgages moved even lower this week
Forty Banks Partner with Seven Central Banks to Improve Cross-Border Payments

Forty Banks Partner with Seven Central Banks to Improve Cross-Border Payments

Project Agora will explore how tokenization can enhance wholesale cross-border payments
Nearly 90% of Global Banks Are Unprepared for Climate-Related Disruptions

Nearly 90% of Global Banks Are Unprepared for Climate-Related Disruptions

European banks lead in climate adaptation, while US banks lag behind
US Could Lose all Bank Branches by 2041

US Could Lose all Bank Branches by 2041

There has been an average of 1,646 branch closures each year
US Central Bank To Announce Interest Rate Cut

US Central Bank To Announce Interest Rate Cut

The rate cut will be the first since 2020
Markets Come Back to Goldilocks Optimism, but Inflation Still an Issue

Markets Come Back to Goldilocks Optimism, but Inflation Still an Issue

Standard and Poors Index delivered four straight days of growth
HSBC Continues Cutting Costs with Potential Merger of Two Divisions

HSBC Continues Cutting Costs with Potential Merger of Two Divisions

The bank will potentially combine its commercial and investment bank arms
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