Two years ago JP Morgan CEO Jamie Dimon warned about the threat from fintechs Competition from fintechs and big tech spurred JPMorgan Chase to go on a buying binge, and take advantage when prices were depressed. Fortune · Apr 25, 2023
Frank’s Charlie Javice vs. JPMorgan: Why the case could hinge on “synthetic data" While JPMorgan Chase is alleging fraud, the young fintech founder says she was just trying to protect customer privacy. Fortune · Apr 11, 2023
Ed Sheeran, Taylor Swift and Drake become the UK’s biggest streaming artists of 2022 Harry Styles’ As It Was was the biggest hit of 2022 in a record breaking year for streaming Evening Standard · Apr 6, 2023
Michael Hiltzik: How Trump's frenzy of deregulation killed Silicon Valley Bank Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners. Los Angeles Times · Mar 31, 2023
Crypto bank Protego didn't meet all requirements for national trust charter, OCC says The rejection is another blow to the volatile industry’s banking options. Fortune · Mar 17, 2023
Hedge Fund Manager Calls For Government Intervention As Elon Musk Open To The Idea Of Buying SVB Bill Ackman calls on the federal government to step in to solve the failed bank as Elon Musk is open to buying the bank Zenger · Mar 13, 2023
With crypto banking on the brink, rumors are flying An obscure government office is at the center of uncertainty for two key companies. Fortune · Feb 8, 2023
Raimon Land aims to retain its reign SET-listed developer Raimon Land plans to focus on luxury and super-luxury property development and new economy businesses, with a goal to open One City Centre, a new grade A office building in Phloenchit, in the first half of 2023. Bangkok Post · Nov 28, 2022
Noah Feldman: Conservative attack on consumer protection wins an illogical victory Conservatives have never liked the Consumer Financial Protection Bureau, the brainchild of Massachusetts Sen. Elizabeth Warren. Now a conservative panel of the conservative U.S. Court of Appeals for the Fifth Circuit has struck down the CFPB’s rulemaking authority using a novel theory. Tribune News Service · Oct 22, 2022
Regulators approve U.S. Bank's $8B purchase of Union Bank Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise The Independent UK · Oct 14, 2022
State agency needs to act so more underserved residents can get dental care For months, the Illinois Department of Financial and Professional Regulation has failed to finalize the regulatory rules required by the law that was passed last summer to enable more dentists to treat patients at free dental clinics. Chicago Sun-Times · Sep 29, 2022
Political divide snags the digital update to anti-redlining law Federal bank regulators' efforts to modernize the 45-year-old law known as the Community Reinvestment Act to reflect the rise of digital banking are raising accusations of partisanship, a claim that those digging into the details say is likely unfounded. Tribune News Service · Sep 22, 2022
Political divide snags the digital update to anti-redlining law - Roll Call Complaints of partisanship go on regardless which party is trying to update the Community Reinvestment Act for new financial technology. Roll Call · Sep 20, 2022
Sales from the crypto: Muse NFT album to become first new chart-eligible format in seven years Industry figures hail ‘the future of music’ as rock band announce first album of its kind to qualify for official UK charts The Guardian - UK · Aug 1, 2022
Benzinga · Jun 9, 2022 US Treasury Dept. Recognizes Cannabis & Crypto Businesses: Aims To Collect Their Bank Data To Address Money Laundering The U.S. Treasury Department is starting to recognize cannabis companies, at least according to a new proposal to begin gathering data on marijuana businesses from banks as part of an action to stop money laundering schemes.
Roll Call · Feb 17, 2022 Bank regulator urged to go slow on requirement for climate risk disclosure - Roll Call Banking industry lobbyists are urging the Comptroller of the Currency to move cautiously with a rule requiring disclosure of climate risk.