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COO Brian Brooks is to take over as acting Comptroller from June 1 as Otting completes his two-and-half year term
The bank’s consumer lending arm has agreed on a settlement with 33 states and the District of Columbia over legacy car loan practices
Open banking users expected to hit 40 million by end-2021, while payments forecast to total $9 billion
McKinsey warns on the elevated risk of increased losses as the pandemic-induced unemployment rate rises
Technology companies have continued to roll out new or enhanced services for corporate and individual customers
A temporary rule change will allow the largest US lenders to expand their balance sheets further to help companies and households through the pandemic
Historically high levels of debt could lead to losses at lenders in the coming months, says a new Federal Reserve report
Leaders should be prepared to support long-term remote working in case of a second spike in virus cases, Deloitte says
The SBA has published details of how borrowers using the $669 billion lending program can have their loans forgiven
Financial institutions are now quickly shifting priorities to ensure they are equipped to conduct business in a changing environment while also dealing with the effects of a health crisis
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