Monthly Archives: June 2013

Regulators stab Deloitte : Beware! Banks, Consultancies

“People want to know that regulators are looking out for the American public, not the banks,” Sen. Elizabeth Warren, D. Mass asserted at the Senate Banking subcommittee hearing on April 11, 2013. The agenda was to review banks’ use of … Continue reading

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CFPB cracks down on overdraft fees

Around 11:45 pm, on a Friday night in 2011, Jay Leno gave me a fit of giggles as he mocked Bank of America‚Äôs plans to charge consumers a monthly debit card fee of $5, in his classic late night television … Continue reading

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Economic paralysis grips Europe

No prescription seems to arrest the decline of Europe. No single prescription, at least. A capsule for solidarity, a tablet for a banking union, syrup for a deeper political and monetary union and an injection for sustainable and inclusive growth, … Continue reading

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