Weekly Regulatory Deadlines | Feb 27 to Mar 05

Treasurers Consider Changes to Bank Accounts, Cash Pools Ahead of Brexit

Treasurers Consider Changes to Bank Accounts, Cash Pools Ahead of Brexit

Source: Wall Street Journal

Treasurers Consider Changes to Bank Accounts, Cash Pools Ahead of Brexit

Wells Fargo hire KeyCorp Executive

Wells Fargo hires KeyCorp executive to shore up risk management
American Banker 03/04/2019
Wells Fargo has hired a former KeyCorp executive to help shore up its risk management in the wake of various scandals…
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Mnuchin asks Congress to raise debt ceiling 'as soon as possible'

Mnuchin asks Congress to raise debt ceiling ‘as soon as possible’
The Hill: Financial Policy 03/05/2019
Treasury Secretary Steven Mnuchin on Monday urged congressional leaders to raise the federal debt limit “as soon as possible” as the department begins accounting maneuvers to prevent a default…
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Anxiety grows in first tax season under Trump Law

U.S. credit card debt closed 2018 at a record $870 billion

U.S. credit card debt closed 2018 at a record $870 billion
American Banker 03/05/2019
U.S. credit card debt hit $870 billion — the largest amount ever — as of Dec. 31, according to data from the Federal Reserve. Credit card balances rose by $26 billion from the prior quarter…
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