2018-12-31
James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.
Read More from: BankThink
2018-12-29
A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.
Read More from: BankThink
2018-12-29
Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.
Read More from: BankThink
2018-12-28
During this mostly quiet week in restructuring, most of us are either away on vacation (think beach or ski) or home for the holidays, maybe back in our hometowns.
Read More from: Business Finance & Restructuring News - Weil
2018-12-28
If you're wondering what to do with your New Year's downtime, you might consider submitting a paper proposal for an
Read More from: Credit Slips
2018-12-28
The cost of Wells Fargo's scandals continues to rise as regulators from all 50 states forced the institution to pay hundreds of millions in penalties due to the creation of fake accounts, improper enrollment in life insurance and auto forced place
Read More from: BankThink
2018-12-28
The branch closures will reduce overhead by an estimated $1.9 million a year.
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2018-12-28
JPMorgan Chase’s planned expansion into more than a dozen new markets threatens community banks and larger institutions alike.
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2018-12-28
Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep.
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2018-12-28
After 10 years of conservatorship, the new year could finally usher in big steps toward housing finance reform.
Read More from: BankThink
2018-12-28
HarborOne Bancorp — led by James Blake, one of our five community bankers to watch in 2019 — is a former credit union that recently made its first bank acquisition and has Boston and other markets in its sights.
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2018-12-28
Rushing to copy the Amazon experience, banks and fintechs are focused on simplifying financial services online. A Georgia Tech researcher says that approach is risky.
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2018-12-28
A bipartisan bill stirring in the Senate would prohibit lenders from mailing unsolicited checks that can immediately be converted into high-interest loans.
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2018-12-28
Lawmakers and industry groups were caught off guard when FEMA said it wouldn't issue flood insurance policies during the government shutdown, despite an extension passed last week.
Read More from: BankThink
2018-12-27
Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.
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2018-12-27
The mortgage industry heads into 2019 with little relief from the market strains of the past three years. To succeed — or at least survive — lenders must confront major questions about demand, affordability and market consolidation.
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2018-12-27
The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date.
Read More from: BankThink
2018-12-27
From stress tests to tailoring the Dodd-Frank Act to the Volcker Rule, the banking agencies have a number of important proposals to finalize in the coming year. But there are several potential obstacles that could throw those plans off track.
Read More from: BankThink