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The federal outreach is an example of the Trump administration's opposition to many programs meant to fight discrimination.
Of some 4.9 million loans, the number of "jobs retained" is zero for more than 1 in 10.
Banks such as Wells Fargo are charging consumers more to borrow money if they attended less prestigious colleges.
Sloan will be replaced on an interim basis by the general counsel of Wells Fargo, C. Allen Parker.
CalSTRS owned around 4.1 million shares of Facebook stock as of Dec. 31; CalPERS held 5.6 million shares.
Signs of trouble in consumer lending, renewed pressure to shrink staff and a slump in trading are rapidly becoming the big themes as U.S. banks post quarterly results.