Harris' record on bank regulation; Capital One battles community-group skepticism on merger
President Joe Biden endorsed Vice President Kamala Harris to take over at the top of the Democratic ticket after he stepped aside. Bloomberg News

Harris' record on bank regulation; Capital One battles community-group skepticism on merger

Biden leaves ballot, casting attention on Harris' record with bankers: Vice President Kamala Harris, the most likely choice to replace President Joe Biden on top of the Democratic presidential ticket in November, has a long and complicated history with the banking industry.

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Capital One battles community group skepticism over Discover deal: Community and advocacy groups opposed Capital One's proposed acquisition of Discover in a hearing held by federal regulators on Friday.

Today in?bank earnings:

Women executives in banking and finance are invited to join us at our annual?Most Powerful Women in Banking Conference , October 22 and 23, 2024, in New York City.?

Tech issues afflict banks, Microsoft after critical CrowdStrike glitch: Customer reports of technical issues with many U.S. banks spiked as a buggy software update from CrowdStrike disrupted multiple sectors.

Fed fines Green Dot $44 million over unfair practices: The Federal Reserve says the prepaid debit card issuer failed to make key disclosures to customers and had lackluster money laundering controls. The regulator also censured Jiko Group, a fintech and brokerage, in an unrelated enforcement action.

Read more from Washington: Bank regulators call for enhanced customer oversight in illicit finance update

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