Regulators, Auto Lenders Dig Into Customer-Refunds Process
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Regulators are reviewing some auto-lending procedures, including those related to borrower refunds, at several banks and other financing businesses in the wake of problems at Wells Fargo, according to people familiar with the matter.
Hong Kong Brokers Make Final Stand Against Trading Floor's Demise
The Hong Kong stock exchange's 31-year old trading hall is set to close this fall, but not without some pushback from its remaining tenants.
In a Blast From a Financial Crisis Past, CDOs Are Back
After years on the decline, the market for synthetic collateralized debt obligations is on the rise again.
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Commonwealth Bank Faces Ethics Check
Commonwealth Bank of Australia Ltd. faces a broad ethics health check by regulators, as the fallout over alleged money-laundering compliance breaches expanded.
Tapping Your Home Equity for Cash Is Big Again
Driven by rising home prices, home-equity line originations rose to nearly $46 billion in the second quarter, their highest level since 2008.
Central Bankers Can't Savor Their Stimulus Success
Central bankers were looking forward for years to a moment when the world economy would steady, allowing them to unwind extraordinary monetary stimulus from global markets. That moment has arrived, but they are now preoccupied with other matters.
Banks Send Warning Signs for Economy
Data out of the banking sector is consistent with an aging economic expansion.
Hurricane Harvey Unlikely to Damage Insurers' Balance Sheets
The insurance and reinsurance industry has a fatter-than-ever capital cushion to absorb losses from Hurricane Harvey, executives and analysts say.
Chicago Exchange Sale Looks Shaky as China Tensions Rise
A Chinese-led group's proposed $20 million acquisition of the Chicago Stock Exchange has raised concerns in the U.S. about the potential for market hacking and threats to Americans' financial data.
Hurricane Harvey Threatens Largest Flood Insurer: The Government
Hurricane Harvey could inundate the National Flood Insurance Program with billions in new claims shortly before the plan is scheduled to expire on Sept. 30 with just $5.8 billion left it can borrow from the Treasury to meet obligations.
(END) Dow Jones Newswires
August 28, 2017 16:15 ET (20:15 GMT)