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F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
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CNBC - Business
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.Yesterday -
NBC News - Top stories
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The Federal Deposit Insurance Corp.Yesterday -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.Yesterday -
Financial Times - Business
Inside the Bank of London, the unicorn that had an ‘immediate’ need for cash
Fintech’s short history includes leasing Archegos’s old offices and hiring a convicted fraudster2 hours ago -
BBC News - Top stories
Tuition fees must go up, unis say as term begins
As freshers get settled in, a group of unis is calling for inflation-linked fee hikes in England.2 days ago -
CNBC - Business
Jim Cramer says AI's real enterprise value lies in customer service
CNBC's Jim Cramer said the value of artificial intelligence is in its customer service potential across industries.Yesterday -
MarketWatch - Business
Steelcase says big corporate customers are ordering less office furniture
Shares of Steelcase Inc. fell after hours on Wednesday after the office-furniture maker’s third-quarter sales outlook came up short of Wall Street’s estimates, amid weaker demand from big corporate ...9 hours ago -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says DeutscheYesterday
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Trump Floats an Array of Expensive Tax Cuts to Win Votes
Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions.3 hours ago - Donald Trump -
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Tupperware, Food Container Pioneer, Files for Bankruptcy
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Fed’s Interest Rate Cut Would Cap a Winning Streak for Harris and Biden on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race.12 hours ago - Joe Biden