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ONETIME CFO CONTENDER HAMMACK TO LEAVE GOLDMAN, 2 OTHERS MULL QUITTING: SOURCES

The bank’s co-head of mergers and acquisitions and co-head of European
investment banking have both threatened to quit after they weren’t included in a
new operating committee, sources told the Financial Times. Read more ➔


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 1. JPMORGAN CHASE SUED OVER BOUNCED CHECK FEES


 2. OCC’S HSU CALLS FOR FEDERAL PAYMENTS LICENSING


 3. MASTERCARD TO BE DINGED BY CAPITAL ONE-DISCOVER DEAL


 4. NEON MONEY CLUB LAUNCHES DATING APP FOR THOSE WITH GOOD CREDIT


 5. AI COULD SPARK CHANGE IN THE SMB LENDING SPACE


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   THE GROWING USE OF AI IN BANKING
   
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   raced to harness the technology, and executive talk on AI has become
   decidedly more plentiful.

 * Permission granted by Navy Federal Credit Union
   
   
   NAVY FEDERAL BOOSTS COO TO TOP EXECUTIVE ROLE
   
   Dietrich Kuhlmann, a 35-year Navy veteran, becomes CEO of the nation’s
   largest credit union March 1. He takes the helm from Mary McDuffie, under
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   FRASER’S PAY IS STILL ON THE BOTTOM RUNG, BUT THE FLOOR HAS RISEN
   
   The Citi CEO saw a 6.1% compensation boost to $26 million — on trend among
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   CAPITAL ONE-DISCOVER DEAL MAY SPARK ANTITRUST CONCERN
   
   While the $35.3 billion acquisition is expected to prompt antitrust concerns
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 * “Truist Plaza” by Tyler Lahti is licensed under CC BY-SA 2.0
   
   
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   THE GROWING USE OF AI IN BANKING
   
   In the year since ChatGPT debuted, established banks and challengers have
   raced to harness the technology, and executive talk on AI has become
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 * Win McNamee / Staff via Getty Images
   
   
   CAPITAL ONE TO ACQUIRE DISCOVER IN $35.3B DEAL
   
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   The lender has agreed to pay the penalty to two U.S. regulators and is in
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   The bank rewarded its CEO for leading a retreat from consumer lending,
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   explores some of the most-anticipated — and debated — upcoming rules with
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   Fotolia
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   CREATING WINNING CUSTOMER SERVICE IN THE BANKING INDUSTRY
   
   Banks and fintechs have a choice when looking to grow: Identify a new
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   Three senators, including Elizabeth Warren, asked Zelle owner Early Warning
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   CROSS-BORDER PAYMENTS REMAIN FOCUS FOR FED
   
   Tools that “automate processes, reduce costs and promote effective safeguards
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   Payments
 * Justin Sullivan via Getty Images
   
   
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   The Office of the Comptroller of the Currency said the bank’s “safety and
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   Commercial
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   DIVE DEPOSITS: REGULATORS, BANKERS TALK ABOUT NYCB WITHOUT SAYING ITS NAME
   
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   DEUTSCHE BANK UPS ITS IN-OFFICE WORK REQUIREMENTS
   
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   Commercial
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   CITI TO MONITOR HOW OFTEN PRIVATE BANKERS MAKE CLIENT CALLS: REPORT
   
   The lender wants its private bankers to contact its clients at least once
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   Commercial
 * Chris Hondros via Getty Images
   
   
   VIVA WALLET CEO SUES JPMORGAN, CLAIMING BANK IS LIMITING GROWTH
   
   Haris Karonis alleges JPMorgan, which owns 48.5% of Viva, is seizing on
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   Commercial
 * Mario Tama via Getty Images
   
   
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 * Photo by Matt Cardy/Getty Images via Getty Images
   
   
   RBC’S CITY NATIONAL CUTS ABOUT 100 EMPLOYEES
   
   The job reductions come in addition to a 5% headcount trim the Los
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   HTLF SHEDS ITS MONTANA FOOTPRINT
   
   The Denver-based institution sold six of its branches in Big Sky Country to
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   PNC WANTS TO OPEN 100 NEW BRANCHES BY 2028
   
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   IRS SUES FDIC TO GET $1.45B IN SVB BACK TAXES
   
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   The Spanish bank conducted an internal review following a Financial Times
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   SOLO FUNDS NEARS 2M USERS
   
   The peer-to-peer lending platform has faced some regulatory backlash, but a
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   Payments
 * Plaid
   
   
   PLAID NAMES CLOUDFLARE VET AS ITS FIRST PRESIDENT AHEAD OF ‘EVENTUAL’ IPO
   
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   Fintech

More stories
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Trendline


NAVIGATING THE COMPLIANCE LANDSCAPE IN BANKING

Compliance is more than just individual orders and actions. Banking Dive
explores some of the most-anticipated — and debated — upcoming rules with which
banks may have to comply.


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 2. Capital One-Discover deal may spark antitrust concern
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LIBRARY RESOURCES

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COMPANY ANNOUNCEMENTS

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   Customization From Narmi

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WHAT WE’RE READING

 * Financial Times Bad property debt exceeds reserves at largest US banks
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EVENTS

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   Presented by Informa Connect
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   Presented by Informa Connect


INDUSTRY INTEL

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   Webinar - on demand • Provided by Riverbed
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Trendline


THE GROWING USE OF AI IN BANKING

In the year since ChatGPT debuted, established banks and challengers have raced
to harness the technology, and executive talk on AI has become decidedly more
plentiful.


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