Fraud

Is JPMorgan's AI a Threat to Proxy Advisors?
Regulatory & Compliance Is JPMorgan's AI a Threat to Proxy Advisors?

A quiet revolution is underway in the highest echelons of corporate governance, where a single financial institution's technological leap challenges a decades-long power structure. JPMorgan Chase, a titan of global finance, is deliberately moving to sideline the very firms that have guided

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

Regulator Probes Top Banks for Politicized Debanking
Regulatory & Compliance Regulator Probes Top Banks for Politicized Debanking

The very foundation of financial access is being questioned as the Office of the Comptroller of the Currency (OCC) launches a sweeping investigation into the client service policies of the country's largest banks, setting the stage for a high-stakes confrontation over who gets a seat at the

JPMorgan Sued Over Alleged Fake Interviews for Black Candidates
Regulatory & Compliance JPMorgan Sued Over Alleged Fake Interviews for Black Candidates

A proposed class-action lawsuit has brought serious allegations against JPMorgan Chase, accusing the financial giant of engaging in a deceptive and discriminatory hiring process by conducting "fake" interviews with Black job applicants to feign a commitment to diversity. Filed in the U.S. District

Is the Fed's New Skinny Account Too Narrow for Fintech?
Regulatory & Compliance Is the Fed's New Skinny Account Too Narrow for Fintech?

With the Federal Reserve signaling a new era in payments by considering a novel, limited-use "skinny" account, the intersection of financial innovation and regulatory caution has never been more charged. To navigate this complex landscape, we turn to Priya Jaiswal, a leading authority in banking

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