2020-06-09
Leaders of companies including Citizens, Comerica and Truist offered more upbeat assessments of loan demand and credit quality than they have in recent weeks.
Read More from: BankThink
2020-06-09
Flush with capital from the sale of its stake in BlackRock, PNC is willing to go big on an acquisition but would be wary of buying a bank with a heavy concentration of consumer loans, CEO William Demchak said.
Read More from: BankThink
2020-06-09
Unlike in previous years, the results from two different evaluations will be released simultaneously and will include an assessment of bank capital under coronavirus-related scenarios.
Read More from: BankThink
2020-06-09
Some lawmakers fear that when forbearance plans and enhanced unemployment coverage expire, the consequences for mortgage borrowers still affected by the pandemic will be severe.
Read More from: BankThink
2020-06-09
Activity in the Paycheck Protection Program has slowed in recent weeks, but Customers Bancorp and Fountainhead Capital continue to pursue loans aggressively in hopes of developing long-term borrower relationships.
Read More from: BankThink
2020-06-09
Customers are turning to search engines and business portals to find out if their bank is open before checking the bank’s own website. Maintaining accurate information across the web has become even more important during the pandemic.
Read More from: BankThink
2020-06-09
A proposed piece of COVID-19 relief legislation could have major implications for California lenders and servicers, particularly in the mortgage lending industry, if passed into law.
Read More from: Bankruptcy and Restructuring Blog
2020-06-09
Stephen Gordon would become chairman and CEO of Genesis Bank, which is looking to raise $53 million in initial capital.
Read More from: BankThink
2020-06-09
Anita Gail Moody, who was president of Enloe State Bank, admitted to creating phony loan documents — and setting a fire to destroy them — before the bank was shuttered in May 2019.
Read More from: BankThink
2020-06-09
The global protests in the wake of George Floyd’s death should serve as a reminder that the banking industry must do more to support minority employees and customers.
Read More from: BankThink
2020-06-09
The changes are meant to make the program more attractive for both business borrowers and the banks that make the loans; as workers trickle back to offices on Wall Street, they'll see a different landscape due to coronavirus concerns.
Read More from: BankThink
2020-06-09
I have blogged about National Collegiate Trusts (NCT) before.
Read More from: Discharge Student Loan
2020-06-09
The Department of Financial Services is going live with DFS FastForward, which aims to help innovators in finance, healthcare and insurance consult directly with regulators on specific compliance issues.
Read More from: BankThink
2020-06-09
Lest anyone thought they could quarantine or protest in peace, no such luck in the sovereign debt world.
Read More from: Credit Slips
2020-06-08
The acting comptroller of the currency weighs in on social unrest, the reformed Community Reinvestment Act, fintech charters and how he believes technology can make finance more inclusive.
Read More from: BankThink
2020-06-08
The FHFA’s proposal is intended to strengthen Fannie Mae and Freddie Mac, but many experts warn that it could boost guarantee fees for lenders that they say may be passed on to borrowers.
Read More from: BankThink