2019-09-30
Fincen and others say third parties are proving to be treasure chests for crooks who create synthetic identities, but aggregators argue they help detect risk banks can’t see.
Read More from: BankThink
2019-09-30
Gulf Capital Bank has received conditional approval from state and federal officials and could be up and running late this year or early next year, its organizers say.
Read More from: BankThink
2019-09-30
Bankers are expected to field numerous questions on third-quarter earnings calls about the threat of shrinking loan yields, stubbornly high deposit prices and what they're going to do about them.
Read More from: BankThink
2019-09-30
HSBC's shortlist for its next chief executive officer includes Stephen Bird, Citigroup's head of global consumer banking, and RSA Insurance Group CEO Stephen Hester, Britain's Sunday Times newspaper reported.
Read More from: BankThink
2019-09-30
On September 27, 2019, three years after Congress passed PROMESA and two years after the most severe Hurricane in more than 100 years devastated Puerto Rico, The Financial Oversight and Management Board for Puerto Rico filed its proposed
Read More from: Insolvency Insights
2019-09-30
The move to alter the government's preferred stock purchase agreements is the first major one under FHFA Director Mark Calabria's tenure to wind down the conservatorship of the government-sponsored enterprises.
Read More from: BankThink
2019-09-30
States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.
Read More from: BankThink
2019-09-30
Goldman’s consumer unit, Marcus, has so far lost $1.3 billion; big lenders like JPMorgan Chase and Amex are making loans for small-ticket items like clothes and cosmetics.
Read More from: BankThink
2019-09-29
She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.
Read More from: BankThink
2019-09-29
From: The New York TimesBy: Brian M. Rosenthalhttps://www.nytimes.com/2019/09/27/nyregion/AOC-taxi-medallion-bailout.html
Read More from: Shenwick & Associates
2019-09-29
In In re I80 Equipment, LLC, No. 18-3291 (7th Cir. Sept. 11.
Read More from: Krieg DeVault
2019-09-28
Coen, Andrew. The Bond Buyer; New York, N.Y., 30 Sep 2019:
Assured Guaranty, which insures a large amount of Puerto Rico debt, came out against the plan.
Read More from: Credit Slips
2019-09-28
Nearly a third of the women in the annual ranking are new additions, the largest amount in years. Here's an overview of the changes. Plus, Citi's Corbat on its bold gender equity move, and Wells Fargo's less bold CEO decision.
Read More from: BankThink
Most Powerful Women in Banking, standout fintechs, Corbat on gender pay gap: Top stories of the week
2019-09-27
Cathy Bessant, BofA’s chief operations officer, is the Most Powerful Woman in Banking; 6 standout fintechs at Finovate 2019; the Citi CEO says gender pay gap is ‘a challenge we need to tackle together’; and more from this week’s most-read stories.
Read More from: BankThink
2019-09-27
Bank of New York Mellon’s quick decision to elevate the longtime executive to succeed Charles Scharf on an interim basis was well received. Will the board keep him, or search for an outsider for the long term?
Read More from: BankThink