2018-02-15
The Chicago institution, formed in 2010 to buy the failed ShoreBank, has hired Sandler O'Neill to gauge interest from potential buyers, according to a published report.
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2018-02-15
Readers weigh in on the possibility of Mick Mulvaney becoming the White House chief of staff, debate whether the industry needs more or less consolidation, chime in on Wells Fargo’s updated mobile app and more.
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2018-02-15
While small and regional banks are pushing for a rollback of the Dodd-Frank Act, big banks are largely supportive of the 2010 financial reform law, Bank of America CEO Brian Moynihan said Thursday.
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2018-02-15
Banco Santander joined existing investors JPMorgan and USAA as well as others in raising $25 million in secondary-round financing for Roostify, which seeks to build a paperless mortgage process.
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2018-02-15
Having solid relationships with those who cover the banking industry can lend credibility to management teams, especially when times are tough.
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2018-02-15
Very few of the 20 largest banks in the country would answer just a few basic questions about their policies and programs around sexual harassment. But — trust them! — they are committed to equality.
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2018-02-15
Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.
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2018-02-15
Despite a legislative push by some senators and other stakeholders to jump-start housing finance reform, efforts to form consensus over a bill once again are stuck in neutral.
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2018-02-15
U.S. fintechs attracted $5.8 billion in the fourth quarter as institutions sought an AI edge.
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2018-02-15
Amid all the complaining about increased regulation, and the need to maintain higher capital levels, bankers are failing to realize that there is also a significant opportunity: Those that develop operational excellence at deploying capital can se
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2018-02-15
Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.
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2018-02-15
The Pew Charitable Trusts has released a set of 10 standards for banks and credit unions that want to to offer small loans to subprime customers.
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2018-02-15
U.S. Bancorp. has agreed to pay $613 million in penalties to state and federal authorities for violations of the Bank Secrecy Act and a faulty anti-money-laundering program.
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2018-02-15
As regulators look to update the Community Reinvestment Act, they should better integrate online and mobile banking activity as part of exam performance.
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2018-02-15
Natasha Lamb, the activist investor who got four large banks to publish adjusted gender pay gaps, explains why companies with gender diversity perform better.
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