ABI Blog Exchange

2018-10-24
Authorities intercepted the package sent to the office of Rep. Maxine Waters, D-Calif., on the same that pipe bombs were reportedly sent to former President Barack Obama and former Secretary of State Hillary Clinton.

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2018-10-24
Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria.

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2018-10-24
The central bank will hold an open meeting Oct. 31 to discuss changes to the enhanced supervisory regime as required by the regulatory relief bill passed in May.

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2018-10-24
Striking the right balance between personalization and privacy is just one challenge the startup Finn AI is grappling with as it refines the artificial intelligence behind banking through Alexa and other devices.

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2018-10-24
The Minneapolis company said in an email to American Banker that it would reduce its headcount by approximately 1%, or about 740 positions, across the company.

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2018-10-24
The Florida bank set aside much less money to cover soured medallion loans in the third quarter, and total loans rose more than 7%.

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2018-10-24
Bank Independent in Alabama is the latest small bank to start using Alexa, though implementation costs and security concerns continue to hold others back.

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2018-10-24
The change comes two months after the bank was spun off from its Venezuelan parent company.

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2018-10-24
Cash Express LLC allegedly sent customers threats of legal action even though the time for taking legal action had expired.

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2018-10-24
TNB USA is suing the Fed to force the central bank to let it open an account that earns the same top-tier interest rate currently available only to a select few.

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2018-10-24
Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.

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2018-10-24
Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.

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2018-10-24
Kelly Coffey, who was recognized as one of American Banker's most powerful women in 2018, will succeed Russell Goldsmith as CEO of City National, a Los Angeles-based unit of Royal Bank of Canada, on Feb. 1.

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2018-10-24
New court documents underscore the damage inflicted by the Obama administration’s de-risking initiative, argues Rep. Blaine Luetkemeyer.

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2018-10-24
The results did not include the company's purchase of CoBiz, which closed last month.

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2018-10-24
Organizers plan to raise $25 million to $35 million in initial capital to focus on small and midsize businesses in northern Virginia.

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2018-10-24
The 25-year JPM veteran will pursue an opportunity elsewhere; private equity firms have a record $57 billion to loan for real estate.

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