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What Do Acting CFPB Director Uejio’s Comments on Consumer Complaint Responses and Potential Racial Disparities Mean for Regulated Financial Institutions?

CFPB Monitor

He stated that “senior leadership of these companies can expect to hear from me.” companies regulated by the CFPB appear to take consumer issues reported to the Bureau seriously, and if any are slow to respond, it would be a small fraction of only 3% of CFPB-regulated entities. Based on that statistic, U.S.

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Is The Putin Family Using An Estonian Bank For Money Laundering?

PYMNTS

That warning was reportedly in 2013. A leaked report allegedly indicated that the leadership at Danske Bank knew “of far more serious conditions than previously stated.” Their identities were hidden behind a series of offshore management firms based in the Marshall Islands and the Seychelles,” paper noted.

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Community Banking According to Andy

Jeff For Banks

He exemplifies the best of next generation bank leadership, with eyes wide open to the next iteration of banking in our rapidly changing environment. 1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. Jackie Herman, our COO 2013. Andy graciously said yes. million in loans.

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CFPB Director Chopra warns banks—and bank executives—about overdraft practices

CFPB Monitor

Prior to the issuance of the two new reports, the Bureau’s most recent report on overdrafts was issued in August 2017 under the leadership of former Director Cordray. Two earlier reports were issued in June 2013 and July 2014 , also under former Director Cordray.

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Dimon, Shareholders Split On Possible JPMC Breakup Review

PYMNTS

Earlier this year it was determined by the company that “combining the roles of chairman and CEO, together with a strong lead independent director, continues to provide the appropriate leadership and oversight of the firm,” the filing read. The concept of breaking up the bank was shot down both in 2013 and 2015.

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Agricultural Alert!

Independent Banker

This leaves federal crop insurance support as a key risk-management tool. It’s a crucial risk-management tool” for 1.7 In a surprise move, congressional leadership sought to reduce the crop insurance program by $3 billion at the end of 2015 to offset other spending initiatives. Robert Johansson, USDA economist.

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CFPB Fall 2016 rulemaking agenda published

CFPB Monitor

Accordingly, given the results of the Presidential election, including its potential impact on the CFPB’s leadership, there is likely to be a post-election reevaluation by the CFPB of its agenda. In November 2013, the CFPB issued an Advance Notice of Proposed Rulemaking concerning debt collection. Debt collection. Overdrafts.