american banking news
- Banking
Proposed 36% APR cap is tough sell to GOP, banks
WASHINGTON — In 2006, Congress passed a bipartisan measure imposing a 36% interest rate cap on loans to members of…
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House committee advances bill to address Libor transition
WASHINGTON—The House Financial Services Committee voted Thursday to advance a bill to address the transition away from the London interbank…
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IBD 50 Stocks To Watch: Social Media Play Eyes New Buy Point Ahead Of Earnings
Pinterest (PINS) is the IBD 50 Stocks To Watch pick as it eyes a new buy point ahead of earnings.…
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The 8 best online flower delivery services we tested in 2021
Fresh flowers are a thoughtful way to commemorate any occasion — they also make great last-minute gifts. We ordered 29…
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Citi sees $15 billion Asia wealth inflow as hundreds hired
Citigroup attracted close to $15 billion in net new money across its Asia Pacific wealth management business in the first…
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Mastercard fleshes out its crypto strategy
Mastercard has long signaled an interest in digital currencies, a strategy that is taking shape through a new program to…
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Fees paid to Fannie and Freddie could help fund infrastructure plan
WASHINGTON — The Senate’s nearly $1 trillion bipartisan infrastructure proposal would be partially funded with an extension of the hike…
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Dow Jones Rallies Despite Weak Data; 5 Growth Stocks In Buy Range After Breakouts
Stocks rallied Thursday with the Dow Jones Industrial Average up nearly 200 points despite disappointing GDP and jobless claims data.…
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State Street to offer crypto services to private-fund clients
State Street is set to offer cryptocurrency reporting, reconciliation and processing services to its private-fund clients in the latest sign…
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LendingClub, fueled by surge in loans, posts surprise profit
A bigger-than-expected jump in loan originations helped LendingClub turn a profit in its first full quarter after acquiring a bank,…
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