The US Consumer Financial Protection Bureau (CFPB) expresses concerns over the Capital One and Discover merger, stating the need for close analysis. The merger is seen as a small negative for Mastercard. JPMorgan considers synthetic risk transfers, potentially involving the FDIC and First Republic. US bank regulators extend the comment period on the Capital One-Discover deal. The FDIC is reaching out to potential buyers of Republic First. A US bank regulator plans to review asset manager stakes in banks, while FDIC officials aim for more control over passive bank investments.
FDIC officials seek more power over ‘passive’ bank investments https://t.co/hiEwfcbmGY via @business
US bank regulator tables plans to scrutinize asset manager stakes in banks https://t.co/HqWAlCEjTM https://t.co/Vg3kDHO4gZ
FDIC is approaching potential buyers of Republic First, Bloomberg News reports https://t.co/SW5GiDMXQQ https://t.co/2nB0eIxiKq
U.S. bank regulators extend comment period on Capital One-Discover deal https://t.co/1AuXBnLgsn https://t.co/wp8GQZBVT2
JPMorgan Mulls Two Synthetic Risk Transfers as Market Heats Up: BBG like, transferring risk from JPMorgan to FDIC by "purchasing" First Republic?
"US consumer finance watchdog (CFPB) raises alarm over credit card megadeals" (FT) CFPB head on Capital One / Discover merger: "That’s going to require some very, very close analysis" $COF / $DFS merger is small negative for $MA (given plans to migrate debit cards to DFS) https://t.co/Exomdn1vIJ