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Report: Fintech Companies Suffer Banking Setback
Friday, October 25, 2019 - 7:33am | 349Read More...Financial technology companies looking to assume roles banks play experienced a major setback this week. What Happened Fintech companies can no longer count on regulatory support from a special bank charter from the Office of the Comptroller of the Currency, which created a smoother path to...
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Lyft, Uber Regulatory Hurdles Keep This Analyst On The Sidelines For Now
Thursday, October 3, 2019 - 1:09pm | 430Read More...MKM Partners started coverage of the two rideshare giants, Uber Technologies Inc. (NYSE: UBER) and Lyft Inc (NASDAQ: LYFT) with Neutral ratings, citing regulatory uncertainty in the still developing industry. MKM's Rohit Kulkarni initiated coverage of Uber a price target of $32 and started its...
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Big Tech Faces Big Scrutiny: FTC Looking Into Facebook, Federal Reserve Pays Amazon A Visit
Friday, August 2, 2019 - 9:27am | 421Read More...Big tech faces new scrutiny from regulatory and government bodies as the Federal Trade Commission is taking a close look at Facebook, Inc. (NASDAQ: FB)'s acquisition history. Meanwhile, the Federal Reserve reportedly paid Amazon.com, Inc. (NASDAQ: AMZN) a visit to examine its cloud business....
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Facebook CEO Calls For Social Media Regulation
Monday, April 1, 2019 - 2:41pm | 441Read More...Facebook, Inc. (NASDAQ: FB) co-founder and CEO Mark Zuckerberg said in an op-ed published Sunday in The Washington Post that social media companies need governments and regulators to play a "more active role." What Happened Facebook management takes sole responsibility for ...
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New Shipping Regulations Pave The Way For Low Sulphur Fuel Regulation In 2020
Wednesday, January 9, 2019 - 10:52am | 680Read More...A number of new shipping regulations became effective at the start of the year that will consolidate the knowledge of regulators regarding the consumption of bunker fuel by ships of over 5,000 gross tons and ultimately increase costs for cargo owners. Low Sulphur Fuel regulations are set to come...
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The 4 Primary Regulatory Initiatives For OTC Markets Group Right Now
Wednesday, December 12, 2018 - 1:00pm | 728Read More...The regulatory framework on Wall Street is always changing. Take the SEC’s decision to vote on whether to solicit feedback on how to improve the quarterly reporting of earnings, a practice that has been firmly in place since 1970. Between the CFPB, CFTC, FDIC, OCC, SEC, Federal Reserve, and a...
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Fellow Banks Lose Faith In Wells Fargo, Downgrade On Fed Risk
Monday, February 5, 2018 - 11:26am | 533Read More...Wells Fargo & Co (NYSE: WFC) received a cease-and-desist order Friday from the Federal Reserve that will limit asset growth to $1.95 trillion pending compliance, board oversight and risk management improvements. The threat to net income prompted a number of Monday downgrades, with Morgan...
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Institutions Love Arctic Cat's Record Earnings and Share Price (ACAT)
Wednesday, July 10, 2013 - 9:35am | 587Read More...Arctic Cat (NASDAQ: ACAT) designs and produces snowmobiles, ATVs, and side-by-side vehicles. The company employs over 1,500 people with most of the company’s products produced in Minnesota. Industry The majority of Arctic Cat’s products are used for recreational and utility purposes. In 2012...
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UEFA Financial Fair Play Regulations: A Lesson for the European Debt Crisis
Thursday, May 31, 2012 - 12:57pm | 711Read More...Fans of European club football, governed by the United European Football Association (UEFA), know that football clubs have been struggling with debt and excess leverage. Just like other corporations, football clubs took advantage of cheap credit to fund their operations, either to build new...
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Real Financial Regulators Love Prosecutions of Fraudulent Bank CEOs
Friday, January 6, 2012 - 2:56am | 756Read More...The New York Times published a column by its leading financial experts, Gretchen Morgenson and Louise Story, on November 22, 2011 which contains a spectacular charge against the Obama administration's financial regulatory leaders. I have waited for the rebuttal, but it is now clear that the...
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Senator McCain's Economist Warns: If you Criticize Banksters They will Prolong Recessions
Monday, November 28, 2011 - 9:11am | 3922Read More...Steven J. Davis, Senator McCain's chief economics advisor during his presidential campaign, has written a political hit piece on the man that defeated his candidate. His co-authors were Scott R. Baker and Nicholas Bloom. For the sake of brevity I will refer to the authors as “the authors” or “...
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Bank CEOs Scolded By Congressional Commission
Wednesday, January 13, 2010 - 3:57pm | 298Read More...The Chairman of a 10-member inquiry commission given subpoena power by Congress in order to carry out the task of examining the nation's financial crisis and discovering its causes had strong words for the CEOs of some of the nations top banks. "How do you go to the rating agencies and persuade...










