ABI Blog Exchange

2018-12-14
The alternative is waiting for state and federal regulators to take steps that could disrupt the flow of capital and put some firms out of business.

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2018-12-14
The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary.

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2018-12-14
Two U.S. senators demand an investigation into the German bank over security, criminal risks; the Treasury has proposed rules to help foreign banks deal with last year’s tax law.

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2018-12-14
A recent chapter 15 decision by Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) suggests that third-party releases susceptible to challenge or rejection in ch
2018-12-14
A recent chapter 15 decision by Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) suggests that third-party releases susceptible to challenge or rejection in ch
2018-12-14
Readers sound off on fintechs entering the student loan market, the FDIC’s brokered deposit rules and a heated debate over the new CFPB leader.

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2018-12-14
One Federal Reserve governor’s push to use an untapped capital buffer to counteract potential losses is stoking concerns that such a maneuver could spook financial markets.

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2018-12-14
Virginia Partners will operate as a separate bank unit after the deal closes.

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2018-12-14
The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most the the closures will take place in Pennsylvania.

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2018-12-14
The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.

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2018-12-14
Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., will join the panel as their caucus loses two other committee members who suffered election defeats.

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2018-12-14
Augmented devices and automation will push banking services beyond the current mobile phone delivery model into a virtual world — but how, exactly? Bank of America, Wells Fargo and others are trying to find out.

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2018-12-14
Robinhood Financial, one of the most valuable private companies in the financial technology space, is rolling out its take on the traditional bank account starting on Thursday.

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2018-12-13
When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

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2018-12-13
Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

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2018-12-13
The outcome of the midterm elections stands to recast debate on topics ranging from regulatory relief to the GSEs and the CFPB. Inside, a look at how the direction of financial services policy could alter under the newly divided Congress.

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2018-12-13
A consolidation of Germany's fragmented banking market is very much in the cards, following months of speculation.

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