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Financials

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Banks

  • In a speech in New York City, Fed Chair Janet Yellen remarked on "pervasive shortcomings in the values of large financial firms that might undermine their safety and soundness," reports CNBC's Steve Liesman with the details.

  • New York State's Superintendent of Financial Services Ben Lawsky, provides perspective on the potential for a cyberattack on banks.

  • JPMorgan Chase will pay $50 million to compensate homeowners in bankruptcy over the use of robo-signing and other improper practices.