Page 8 - Model Risk News Today

If you missed any of Donald Trumps speech you can watch it online at cspan. Org. Hillary clinton also spoke yesterday and you will find her remarks also online. Today, they never two of the Democratic National convention and the theme is fortyfour children and families. Latino speaker, former clintonville clinton will speak today. The convention speaking Program Starts at 4 30 p. M. And you can watch on cspan, this non cspan radio app and get video on demand at cspan. Org. The cspan bus. Dot sta...

I am honored that brian from nevada will serve as our vice chair. We will make quite a team working together. Brian and i are committed to making sure the role of the nga is recognized as we embark on a new administration coming in we want to make sure the governor is at the forefront and the new president elect to talk about the issues of join concern among all of us. I plan to move the National Governors Association Forward through my initiative which is meet the threat states confront the cyb...

Gov. Pence on behalf of my family here and looking on, would you join me in thanking and hisrump, melania, entire family for the sacrifices they are making to make America Great again . [applause] gov. Pence and i thank donald trump, the confidence you have placed in us, and i accept your invitation to run and serve as Vice President of the United States of america. [applause] gov. Pence i come to this moment deeply humbled, but with a grateful heart. Grateful to god for his amazing grace. Grate...

Interesting, when the breach occurred for us, how many folks said we have time, we do not need to go to market. We just have to figure this out. Lets run and out as long as we can. Contrary to that, i collect human nature, wanting to slow. Alk it within the boundaries of regulation, do not get me wrong, we made the decision to get to market faster get the message by to our 40 million members both email as well as firstclass mail in order to inform them of the breach. So is something you have to ...

Demographic or social factors of people being frauded. Mr. Stumpf i do not know what the intent of these people were. To answer your question specifically, there was no racial or ethnicity difference other than the communities because we try to have people in our banks that represent the communities. We will take that off the table here. As someone who populates a district heavily populated by seniors, i am worried that wells fargo may have preyed on those that were seen as vulnerable. Mr. Stump...

And the vast majority of everything we do is right. Firing the highest number of people in 2013 but bragging about your presentation penetration rates in 2014. You knew it was material to shareholders and you knew it was a funny number that you fired people phony number that you five people for falsifying. Fired people for falsifying. We did not know if those were good accounts are not. We looked at 20,000 credit you fired 5300 people. He took 5300 could americans and turned them into felons wit...

Advantage of customers and consumers when we had the financial crisis. I have individuals right now who are on the street, on the street, not back in their homes. They had these fraudulent mortgages. Nobody said, im sorry that we gave you these fraudulent mortgages. Were going to put you back in your home and were going to make sure that everything is ok. No one has done that for them. You havent volunteered to do that. Will wells fargo put people back in their homes . Mr. Stumpf congressman, if...

I am francine lacqua. Lets tackle the markets. We have a busy day ahead. In the u. S. , bonds, stocks are closed for president s day. If youre watching from the states, happy residents day. Happy president s day. On the rise. Im tishri japan i want to show you japan. Japanese yen falling for once. Lets get to bloombergs first word news with nejra cehic. Nejra chinas yuan surged in the most surged the most in a decade. The central bank support the Exchange Rate. The currency advanced the most jul...

The week. Joe as we were talking about earlier, it felt like a summer friday, even though it is not summer yet. Not a lot of volatility. Alix one stock that didnt feel like a summer friday was apple. The decline actually taking off dow. Ints off the apple was responsible for half of the decline the Dow Jones Industrial average saw today. We saw a report from japan that apple is going to have production costs of its iphones and sluggish sales. The stock could recover for most of the day. Banks we...

Francine a little less good than expected. Tom you saw it in japan as well. One of the themes is the commodity data, showing the same gentle it is all gentle, quiet. Francine until it is not gentle anymore. Tom exactly. That is where we are right now. All in all, commodities. Francine looking forward to it. Lets get to the first word. The author is now on the table for the beer deal. Buying sab miller, giving them control of more than one fourth of the beer market. The weight was cleared for the...