OCC backs banks in fight against Illinois interchange law
The OCC has filed a legal brief backing the banking industry’s challenge to Illinois’ Interchange Fee Prohibition Act, arguing the law would interfere with national banks’ federal authority, fragment the national payment system and force banks to halt credit card usage in the state.
Citizens hampered in Q3 by office-loan overhang
The regional bank's earnings were impacted by challenges in its office loan portfolio, though its overall results were a mixed bag, with its nascent private bank showing momentum.
Tips for career management from The Most Powerful Women in Finance
Industry leaders in this year's ranking shared insight on how they would advise their younger selves on building a path to the top and the skills today's rising professionals need.
CFPB’s nonbank registry of repeat offenders goes live
The Consumer Financial Protection Bureau's nonbank registry to address repeat corporate offenders goes live this week, but some experts have raised concerns about redundancy and costs for nonbanks.