Nichole Nelson and Bakari Levy

Capital One Buries News Of Potential Fines That Could Make Its Discover Merger ‘Unlikely’ To Be Approved Under Federal Rules

The Capital One-Discover merger timeline has already moved back. Now they’re quietly acknowledging a new and significant threat to the merger’s approval.

Capital One Buries News Of Potential Fines That Could Make Its Discover Merger ‘Unlikely’ To Be Approved Under Federal Rules Read More »

Citadel FCU Redlining Settlement Proves It’s Time To Bring Credit Unions Under Community Reinvestment Act Enforcement

A recent federal law enforcement settlement with Citadel Federal Credit Union illustrates why the Community Reinvestment Act’s (CRA) omission of credit unions from its rules is a dangerous mistake, a leading community development and financial regulation advocate said Tuesday. “It no longer makes sense to let credit unions out of the common-sense obligations that CRA

Citadel FCU Redlining Settlement Proves It’s Time To Bring Credit Unions Under Community Reinvestment Act Enforcement Read More »

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