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Four Leadership Lessons Learned from St. Paul's Crusaders

Jeff For Banks

Leadership is taking limited information and striking down a path with the commitment needed to succeed in the endeavor. Coaching sports is a highly accountable form of leadership. The banker's comments on Coach Cowher got me thinking about coaches in my life and what they taught me about leadership. Communicate!

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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public

PYMNTS

The $230 million dMY Technology just went public in February under the leadership of two veteran tech executives – Harry You, a former top EMC executive who was previously CFO of Accenture and Oracle, and Niccolo de Masi, chairman and former CEO of Glu Mobile, a developer of mobile games for smartphones and tablets.

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OCC files new district court decision applying “valid when made” doctrine and rejecting “true lender” challenge

CFPB Monitor

National Collegiate Student Loan Trust , involves the applicability of Pennsylvania interest rate laws to student loans originated by a national bank and sold to a statutory trust. They also argued that the national bank was not the true lender because it never intended to own the loan and never had an economic interest in it.

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Director Chopra targets repeat offenders in lecture

CFPB Monitor

Delivering the University of Pennsylvania Law School’s 2022 Distinguished Lecture on Regulation yesterday, CFPB Director Chopra addressed the following question: “How do we stop large dominant firms from violating the law over and over again with seeming impunity?” This may very well turn out to be the lull before the storm.

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Lead Like Lincoln

Jeff For Banks

Historically low interest rates and the recent poor economy highlighted the importance of leadership in community banking. In my opinion, he demonstrated three critical qualities of leadership. Bush brought attention to this key leadership quality when he declared he lacked "the vision thing." organization." organization."

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CFPB announces proposed consent order with companies alleged to have collected loans void under state law

CFPB Monitor

The Bureau’s press release states that the proposed consent order is part of “the global resolution of the Think Finance Entities’ bankruptcy proceeding…which includes settlements with the Pennsylvania Attorney General’s Office and private litigants in a nationwide consumer class action.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration. The Institute is considered the country’s premier consumer financial services CLE program and this year’s Institute will once again explore in detail important developments in consumer financial services regulation and litigation.