ABI Blog Exchange

2018-02-22
With the state only months away from allowing the sale of pot for recreational use, its top cannabis regulator is urging policymakers to consider creating a public bank to provide services to growers and dispensaries that might otherwise have nowh

Read More from: BankThink

2018-02-22
A mix of tax sweeteners and a lower cost of living has prompted banks such as MUFG Americas, Northern Trust and Bank of the West to locate corporate-level jobs in Phoenix and surrounding areas.

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2018-02-22
Harrison Finance has 35 offices, nearly 140 employees and about $95 million of outstanding loans.

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2018-02-22
Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card."

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2018-02-22
Commenting on the consumer bureau’s enforcement practices as part of a CFPB review could help shape regulatory reforms, but it could also draw attention to a firm’s run-in with the agency.

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2018-02-22
The bank will allow its customers to apply for car financing online and receive a decision within minutes.

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2018-02-22
Financial services groups are calling for more funding for the Internal Revenue Service that could fix flaws in the agency's system for verifying the income of mortgage applicants.

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2018-02-22
Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.

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2018-02-22
As Congress considers new rules for digital currencies, lawmakers should consider putting responsibility in the hands of the Treasury Department, given its role in handling traditional currency.

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2018-02-22
Artificial intelligence is expected to bring financial services to millions, yet it could also make unethical decisions that unfairly deny credit and widen the divide between haves and have-nots, says Nicolas Economou of the nonprofit Future Socie

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2018-02-22
Scarlett Sieber will be based in the bank’s Labs division, working on forging partnerships with fintech firms.

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2018-02-22
In Zelle’s national advertising campaign, the bank-run P-to-P network spotlights consumers paying a personal trainer, a babysitter and a neighbor.

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2018-02-22
William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.

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2018-02-22
At the U.K. investment bank, women earn 26% less than men and receive bonuses that are 60% lower, according to the lender’s annual report. Overall, it pays women just under half as much as male colleagues.

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2018-02-22
Canadian Imperial Bank of Commerce’s push to be less domestically focused is showing signs of success, thanks to its June takeover of Chicago-based PrivateBank.

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2018-02-22
Stilwell Group and Jeffrey Thorp will gain board seats in exchange for a vow to refrain from waging proxy battles against MB Bancorp.

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2018-02-22
It can be hard for bankers to carve out opportunities to tackle complex problems in today’s always-on culture, but it’s important for getting ahead.

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2018-02-22
  The Deal has published its 2017 bankruptcy and out-of-court restructuring league tables and again ranked Orrick as a top bankruptcy and restructuring law firm. The firm ranked: