2020-09-04
How Bank of America plans to stay ahead of the pack in digital banking; Wells Fargo gets top marks for COVID-19 safety; PPP lenders nearing $10B asset mark fear regulatory ordeal; and more from this week’s most-read stories.
Read More from: BankThink
2020-09-04
The New Mexico company had recently hired James Crotty, a former director at Keefe, Bruyette & Woods, to serve as its co-CEO.
Read More from: BankThink
2020-09-04
Institutions considering new technologies must ask themselves what they're looking for not just from a product but from a partner.
Read More from: BankThink
2020-09-04
A New York CDFI is halfway to its $100 million fundraising goal for a fund that would put deposits in Black-owned banks and make loans to key businesses or projects.
Read More from: BankThink
2020-09-04
The bank's Pershing unit is using fingerprint and facial recognition technology on Apple devices to protect user access to its desktop software.
Read More from: BankThink
2020-09-04
The central bank said it had miscalculated the loss rates for certain public welfare investments, which led to incorrect capital requirements for the two companies.
Read More from: BankThink
2020-09-04
Wallace Watanabe spent more than 40 years at the Honolulu-based credit union, including serving as CEO from 1992 until his retirement in 2013.
Read More from: BankThink
2020-09-04
Two bills — one providing relief from a loan accounting standard and another extending forebearance measures — would collectively contain credit losses.
Read More from: BankThink
2020-09-04
A plan to merge the $5.5 million-asset credit union into Cal-Com FCU will provide additional services for members while also easing the process of replacing several employees who plan to retire this year.
Read More from: BankThink
2020-09-04
Investment banking and trading income hit an eight-year high, buoyed by heavy pandemic-fueled borrowing; the division’s revenue has jumped as it poaches advisers from rivals.
Read More from: BankThink