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An $85 million penalty against USAA follows similar actions against Citibank and Morgan Stanley
The rules governing bank mergers and acquisitions have not been updated since 1995
The Federal reserve has decided to slow large bank capital distributions throughout the remainder of 2020
Bank boss acknowledges error and pledges renewed commitment to improving Wells Fargo’s diversity work
US Bank and Standard Chartered have pledged more than $1.2 million as banks continue to work on tackling racial inequality
Support comes as Republicans have proposed another $60 billion for the small business loan fund
Some Americans might be appalled that wealthy foreigners are purchasing the opportunity to become permanent residents of the United States
Fraudsters are taking advantage of this time to target vulnerable populations and companies
Planned new rule will address legal uncertainty regarding which entity owns a loan that it sold by a bank to a third party
The $50 billion bank will also invest in training programs for staff and take proactive measures to improve recruitment and supplier diversity
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