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The Senate Banking Committee has rejected President Trump’s pick to run the Export-Import Bank. Two Republicans broke ranks to join Democrats in blocking…
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Across the country, small bankers are calling a compromise in the U.S. Senate a “game changer” that will boost the economy, not just in big cities, but in…
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During the U.N. General Assembly meeting last week, a number of African leaders had lunch with President Donald Trump. They met to discuss U.S.…
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The Federal Reserve has fined the French bank BNP Paribas $246 million for not monitoring bankers who manipulate foreign exchange markets. It’s the latest…
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The Federal Reserve says all of the country’s big banks passed this year’s stress test, in which regulators create a scenario where unemployment surges…
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Bank profits continue to rise. A report out by the FDIC says bank earnings for the first quarter of this year rose 13 percent. That's on top of what was…
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On Friday President Donald Trump signed an executive order to delay the so-called “fiduciary rule,” which is aimed at protecting unsophisticated…
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Federal prosecutors have charged seven money managers from the hedge fund Platinum Partners with defrauding investors of $1 billion. The fund made risky…
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For the second time in six months, Connecticut’s State Bond Commission has approved a multi-million dollar tax incentive package to keep a hedge fund…
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The long awaited trial for Hank Greenberg started Tuesday. Greenberg is the former head of the insurance giant AIG. New York’s Attorney General is trying…