ABI Blog Exchange

2019-09-23
Upcoming Committee Formation Meeting: Friday, September 27, 2019 Case Name: 19-12051 (MFW) Location: The Doubletree Hotel 700 King Street Wilmington, DE 19801
2019-09-23
The revised trading rule is seen as a credit negative for banking industry.

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2019-09-23
The Boston company said the loan participation went into default due to potentially fraudulent activity.

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2019-09-23
The Mississippi company will pay more than $38 million for Texas First Bancshares.

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2019-09-23
Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.

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2019-09-22
Cathy Bessant, Bank of America's chief operations officer and American Banker's Most Powerful Woman in Banking, has undertaken major initiatives outside her institution, including a focus on responsible AI.

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2019-09-22
McNiff, American Banker's No. 1 Woman to Watch for 2019, was promoted to the CEO role in April following the retirement of Barbara Desoer.

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2019-09-22
A decade into her role as head of JPMorgan Chase's asset management arm, Erdoes continues to deliver strong results for the nation's largest banking company.

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2019-09-22
StreetShares, started as a peer-to-peer service for veterans, has added a platform intended to connect small financial institutions and underbanked companies.

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2019-09-21
How do you keep the all-male CEO club at the biggest banks intact? Let us count the ways. Could a woman be the next CEO at UBS? Maybe. At Wells Fargo? Less likely.

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2019-09-20
The consumer agency is investigating Bank of America over “potentially unauthorized” accounts; why fintech rollouts are magnets for fraud; KeyCorp’s Beth Mooney to retire next year; and more from this week’s most-read stories.

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2019-09-20
Protections for industrial hemp were added to a cannabis banking bill that is expected to get a full House vote next week.

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2019-09-20
The House Financial Services Committee passed a bill that would exclude adverse credit information for consumers impacted by a government shutdown.

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2019-09-20
Democratic lawmakers and consumer advocates say the remedies offered to consumers by firms like Capital One and Equifax are too difficult to access and not particularly helpful.

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2019-09-20
After another global bank cut off convicted pedophile Jeffrey Epstein, his wealth found a home at Toronto-Dominion Bank.

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2019-09-20
Increased adoption of The Clearing House’s faster payments system could put pressure on community banks and credit unions awaiting the launch of the Fed’s competing service, FedNow.

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2019-09-20
While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.

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2019-09-20
By turning to investors outside traditional banking, private-equity firms are finding it easier than ever to get loans to finance their buyouts of corporations that are nowhere close to being profitable.

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2019-09-20
The company will gain 34 branches and $1.2 billion in assets when it buys State Capital in Mississippi.

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