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Colorado has just enacted first-in-a-generation legislation to crack down on high-cost lending by out-of-state banks. Consumer advocates are hailing it as a model for reining in "rent-a-bank" online lending, but industry attorneys say the state is making a mistake in more ways than one.
Federal banking regulators on Tuesday unveiled a newly unified set of risk management guidance for the increasingly complex and varied business arrangements banks have with technology partners, professional services providers and other outside firms.
In addition to the official notice for the next leader of the Marine Corps are nominations for the Missile Defense Agency, US Cyber Command, the DIA and others.
An Air Force two-star general has been named the next director of the Missile Defense Agency, replacing Vice Adm. Jon Hill.
The U.S. Securities and Exchange Commission said Tuesday that it has reached a nearly $5 million deal with former Wells Fargo executive Carrie Tolstedt to settle investor fraud claims stemming from her role in the bank's so-called fake accounts scandal.