Regulatory & Compliance

Bank of America Sued for Illegal Surveillance After Jan. 6
Regulatory & Compliance Bank of America Sued for Illegal Surveillance After Jan. 6

The digital trail left by a simple credit card transaction has become the focal point of a major legal battle testing the boundaries of financial privacy in the United States. A proposed class-action lawsuit filed against Bank of America alleges that the financial giant engaged in an unprecedented

Overdraft Fee Income Rebounds at Major US Banks
Regulatory & Compliance Overdraft Fee Income Rebounds at Major US Banks

Following several years of sweeping, consumer-friendly reforms that significantly curtailed a lucrative revenue stream, a notable and contentious reversal is now underway within the American banking industry. Several of the nation's largest financial institutions reported a distinct uptick in

Ex-Piedmont Bankers to Launch Small Business Bank
Regulatory & Compliance Ex-Piedmont Bankers to Launch Small Business Bank

In the wake of major bank mergers that often leave small businesses feeling like a rounding error, a trio of seasoned bankers is betting that a return to personalized service, powered by modern technology, is the key to unlocking growth in North Georgia's economic future. Their new venture, Georgia

Why Is a Peruvian Bank Spending $180M in Florida?
Regulatory & Compliance Why Is a Peruvian Bank Spending $180M in Florida?

The recent $180 million all-cash acquisition of a Florida community bank by Peru's largest financial holding company is more than a headline-grabbing transaction; it is a powerful signal of shifting capital flows and strategic realignment across the Western Hemisphere. This move by Banco de Crédito

What Is Next for an Unchained Wells Fargo?
Regulatory & Compliance What Is Next for an Unchained Wells Fargo?

After operating for seven years under one of the most significant regulatory constraints in modern banking history, Wells Fargo now stands at a pivotal crossroads, with its future trajectory dramatically reshaped. The long-awaited decision by the Federal Reserve to lift a restrictive $1.95 trillion

FCA Wins Court Case to Name an Investigated Firm
Regulatory & Compliance FCA Wins Court Case to Name an Investigated Firm

In the complex world of British financial regulation, few developments are as significant as the Financial Conduct Authority's recent court victory allowing it to publicly name a claims management company under investigation. This decision marks a pivotal shift from a previously abandoned "name and

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