Consumer Bureau’s Bank Examiners Criticize New ‘Humility Pledge’
The Consumer Financial Protection Bureau said it would require a vow to “work collaboratively” with companies before beginning a review.
The Consumer Financial Protection Bureau said it would require a vow to “work collaboratively” with companies before beginning a review.
Remember when the University of California kicked off a trend by eliminating the SAT test as an admissions requirement five years ago? Now arrives the dispiriting result: Many freshmen at one of its top public universities can’t do middle-school math. The University of California, San Diego, is widely considered one of the nation’s top public…
A Broadcom circuit board for chip testing is pictured during a lab tour as Broadcom prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom shares rallied 11.1% on Monday, making it the S&P 500’s top performer of the day, as…
A firm’s reputation can suffer even when it has done nothing wrong. When a peer experiences a crisis—whether a product safety failure, a regulatory violation, or a high-profile scandal—customers, investors, and regulators often assume that others in the same space may harbor similar weaknesses.
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While the two sides reached a broad agreement months ago, American officials will visit Brussels this week to discuss the details. Europe has a wish list, but so does the United States.
Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout.
On a cold November evening in Shanghai in 2020, the world’s largest IPO was abruptly canceled by Chinese regulators. It was Ant Group, the fintech affiliate of tech giant Alibaba. The company’s founder Jack Ma, one of China’s most famous billionaires, was under scrutiny for comments seemingly criticising the country’s financial regulators. What followed was four years of…
ALISON BEARD: I’m Alison Beard. ADI IGNATIUS: And I’m Adi Ignatius, and this is the HBR IdeaCast. ALISON BEARD: Adi, there’s a lot of fear and anxiety among corporate leaders right now over changing geopolitical dynamics and economic policies, particularly when it comes to trade and immigration. We see lots of opinions about how much…