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BoA Pays $12M Fine for Mortgage Data Misreporting

BoA Pays $12M Fine for Mortgage Data Misreporting

The CFPB has levied the fine for failing to collect information on some mortgage applications
M&A: LNCB Swoops for EAGLE bank in $23M Deal

M&A: LNCB Swoops for EAGLE bank in $23M Deal

Plus: Illinois-based First Busey to acquire Merchants and Manufacturers Bank
How Institutional Investors Are Approaching Sustainable Investing

How Institutional Investors Are Approaching Sustainable Investing

Ahead of COP 28, new research shows the ways in which institutions are embracing ESG issues regardless of policy action
Sweden’s $18B Asset Management Tender, and Why It Matters

Sweden’s $18B Asset Management Tender, and Why It Matters

The Scandinavian country is overhauling a vital part of its state pension system, with a huge amount of money at stake
OCC Extends Deadline for Comments for Long-Term Debt Rule

OCC Extends Deadline for Comments for Long-Term Debt Rule

The deadline has been extended until January 16, 2024
CFPB Approves First Step for Mortgage Disclosures Project

CFPB Approves First Step for Mortgage Disclosures Project

The program allows CFPB to authorize parameters for in-market testing of alternatives to required disclosures
FDIC Establishes Committee to Oversee Workplace Review

FDIC Establishes Committee to Oversee Workplace Review

The special committee will examine allegations of a toxic workplace culture and sexual harassment
Mortgage Applications Increase along with Credit Card Debt

Mortgage Applications Increase along with Credit Card Debt

While housing demand increased, it was still more than 20% below this time in 2022
Navigating the Buy Now, Pay Later Wave Amidst Soaring Interest Rates

Navigating the Buy Now, Pay Later Wave Amidst Soaring Interest Rates

Consumers are increasingly gravitating towards BNPL options
Management Changes Continue at Large Banks: Citigroup Latest to Announce

Management Changes Continue at Large Banks: Citigroup Latest to Announce

The CEO of Citigroup Jane Fraser announced that a reorganization is imminent
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