ABI Blog Exchange

2017-11-16
A new Republican director of the Consumer Financial Protection Bureau is likely to take immediate action to change certain rules, including the "qualified mortgage" and payday rules, while curbing pending enforcement actions that are considered to

Read More from: BankThink

2017-11-16
The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank.

Read More from: BankThink

2017-11-16
The FHFA is allowing Fannie Mae and Freddie Mac to invest in the credits for the first time since they entered conservatorship. Its purpose is to promote affordable housing in underserved markets.

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2017-11-16
Look who's co-chairing the notoriously male-dominated World Economic Forum. A female automotive enthusiast eloquently calls out an industry where bias is ingrained in the everyday language, and women in prison cook up a better future.

Read More from: BankThink

2017-11-16
While technology will let many banks cut staff and reduce the size of branches, factors such as geography, customer demographics and strategic direction will ultimately shape the look and feel of future offices.

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2017-11-16
Mick Mulvaney, President Trump’s Office of Management and Budget director, is being considered for interim director of the consumer watchdog after Richard Cordray steps down and until a permanent pick is confirmed.

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2017-11-16
The Senate confirmed Joseph Otting, a former business partner of Treasury Secretary Steven Mnuchin, to lead the Office of the Comptroller of the Currency.

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2017-11-16
It’s good to be a business lender with a long contact list. Loan growth is weak and the talent pool has been shrinking, so banks big and small are paying top dollar to get an edge.

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2017-11-16
Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying techn

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2017-11-16
Deutsche Bank and Commerzbank have held talks before, and now they have a common shareholder — the U.S. PE firm Cerberus — in a position to broker a deal.

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2017-11-16
The differences in business model between commercial banks and universal banks should not be ignored as Congress works to recalibrate the regulatory regime.

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2017-11-16
The company, which had launched an at-the-market offering in late May, plans to use the proceeds for organic growth.

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2017-11-16
Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.

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2017-11-16
I have to confess that, upon beginning this blog, I had no idea what “

Read More from: Bonds & Botes, P.C.

2017-11-16
Many Americans turn to credit repair before resorting to discussing bankr

Read More from: Bonds & Botes, P.C.