BOCA RATON, FLA.–Forget the four-letter dirty words. It’s the 10-letter one–regulation–that will really offend bankers.

U.S. Bancorp chief executive Richard Davis and Citizens Republic Bancorp Inc. chief executive Cathleen Nash took a run at one of their industry’s least-favorite topics here on March 13 at SourceMedia’s annual Best Practices in Retail Financial Services Symposium, urging retail bankers to be proactive in dealing with new regulations, such as the Durbin amendment that reduced debit card revenue and the CARD Act that affected credit card operations. SourceMedia publishes PaymentsSource.

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