The San Francisco bank is moving two executives into new positions who will report to consumer banking head Mary Mack.
Bankers are downplaying such concerns, but others say a sharp decline in values on rent-regulated buildings means landlords will have less cash flow to acquire new properties.
Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.
Barclays will stop providing future financing to companies that manage private prisons and immigration holding facilities, joining other major lenders in shunning the industry.
“It wouldn’t be unusual” for the Federal Reserve to work alongside private-sector operators in the creation of a U.S. real-time payments system, its chairman said.
Jelena McWilliams said federal bank regulators have made progress in developing a proposal but acknowledged that the reform process has been slow.
Andrew Simpson, Chief Operating Officer at CaseWare RCM, noted “We are pleased to welcome…
MD Consulting, a London-based agency specialising in marketing and PR for the Capital Markets and FinTech sectors, is pleased to launch a 12-month profile-raising programme aimed at founders and C-Level executives working in Financial Technology (FinTech), FX, Regulation Technology (RegTech) and…
Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving…
INDATA, a leading industry provider of software, technology and managed services for buy-side firms, today announced that EULAV Asset Management based in New York, NY with more than $3 Billion in AUM, has successfully implemented INDATA’s iPM Epic Middle and Back Office Software Services….