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Tuesday Headlines: Visa and Mastercard in $6.2 billion fee settlement
By Matt Stichnoth,
Bloomberg: Visa, Mastercard Reach $6.2 Billion Settlement Over Swipe Fees
Wall Street Journal: Debt Offer Tests Appetite for Low-Rated Companies
New York Post: Gary Cohn praises US justice system for not jailing bankers
Wall Street Journal: Clarida Sworn in as Vice Chairman of Federal Reserve Board
Businessweek: Why Is This Supersafe Bank Scaring the Fed?
Financial Times: China promises ‘retaliation’ against new US tariffs
MarketWatch: Mortgage lenders may again lower standards as applications drop, former CitiMortgage CEO says
New York Times: Lean Times for Reinsurers Could Trigger a Wave of M.&A.
Financial Times: How US banks took over the financial world
L.A. Times: Storefront lender accused of pushing customers into taking out big loans without interest rate caps
CNBC.com: Most of the ‘big shorts,’ who thrived during the financial crisis, have faltered since 2008
Wall Street Journal: Nestlé to Sell Gerber Life Insurance to Western & Southern Financial
Financial Times: Banks jump on to the fintech bandwagon
MarketWatch: Mobile-home values might rise as fast as regular homes — here’s why that matters
New York Post: Average Wall Street compensation hit $422K in 2017: report