Senators Propose Bill to Claw Back Exec Comp, Bonuses at Banks That Fail 03/30/2023 07:14 pm WASHINGTON–Two senators on opposite ends of the political spectrum have found common ground in a bill that seeks to clawback compensation from bank executives at institutions that fail.
Treasury, 20 Foreign Countries Agree to Create Registry of BeneficialOwnerships 03/30/2023 07:14 pm WASHINGTON—The Treasury Department has announced a new agreement between the United States and more than 20 foreign governments to create a registry of beneficial ownership of legal entities to help them more effectively fight corruption.
Personal Data of 500k Consumers is Breached at Firm That Buys Debt 03/30/2023 07:14 pm TREVOSE, Penn.–Approximately 500,000 files with consumers’ private financial information have been hacked as part of a data breach at NCB Management Services, a company that purchases debt.
SWBC Partnering With Meridian Link on Insurance Tracking 03/30/2023 07:14 pm SAN ANTONIO—SWBC said it is partnering with MeridianLink, a leading provider of modern software platforms for financial institutions and consumer reporting agencies.
New Survey Again Confirms Misunderstandings Around How Credit Scores Work 03/30/2023 07:09 pm NEW YORK—A new survey reveals nearly half of its respondents believe carrying a balance on a credit card improves a person’s credit score.
White House Expected to Recommend Tougher Rules for Midsize Banks 03/30/2023 07:19 pm WASHINGTON–As soon as this weekend the White House is expected to recommend tougher rules for midsize banks, according to people familiar with the matter, several media outlets are reporting.
Montana's Credit Unions Names New CEO 04/02/2023 05:24 pm HELENA, Mont.– Montana’s Credit Unions is has named a new president and CEO to succeed the retiring Tracie Kenyon, who has lead the organization for nearly 22 years. Montana’s CU trade association has named Gerry Singleton to lead the organization.
