Spanish Regulator Imposes $47 Million Fine on Santander
Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank.
The fine...
House Bill Would Change Asset-Based Thresholds for Bank Regulations
A bill advanced to the House of Representatives by the House Financial Services Committee aims to reduce unnecessary regulatory burdens on community banks and small credit unions, the committee said i...