ABI Blog Exchange

2017-07-26
He is, by Wall Street standards, a small-time banker. But in 2014, with Donald Trump eyeing a run at the White House, Stephen Calk stepped into the big-money world of New York real estate — and a network of Trump associates.

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2017-07-26
The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.

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2017-07-26
Atlantic Bay Mortgage Group has agreed to buy a majority stake in Virginia Community Bank in a rare instance of a nondepository mortgage company buying a bank, rather than the reverse.

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2017-07-26
UniCredit, Italy's No. 1 bank, said hackers took biographical and loan data from 400,000 client accounts in one of the biggest breaches of European banking security this year.

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2017-07-26
Banks planning to shift parts of their operations from London to other European cities because of Brexit will have to increase salaries because of a skills shortage, according to the head of a recruitment company.

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2017-07-26
Regulators need a principles-based approach that seeks to position boards as watchtowers for their banks while not subjecting directors to overly burdensome restrictions.

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2017-07-26
The Tulsa, Okla., company reported loan growth in all categories, including a 56% increase in personal loans.

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2017-07-26
The Westbury, N.Y., company reported a 15% drop in earnings despite recording a large gain on the sale of some securities.

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2017-07-26
The acquisition would be Valley's third in the Sunshine State since 2014 and would give the New Jersey company its first branches in Alabama.

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2017-07-26
A big part of the reason banks find it tricky to attract millennials is that not all millennials are attracted to the same thing.

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2017-07-26
The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.

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2017-07-26
The Michigan company's profit benefited from a larger balance sheet and a reduction in merger-related expenses.

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2017-07-26
Citigroup hopes to return $60 billion to shareholders by 2020 while earning $20 billion a year; SEC says companies that raise money by selling their own electronic tokens for cryptocurrencies may be subject to federal oversight.

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2017-07-26
The company agreed to buy MainSource Financial in Indiana for $1 billion, creating a Midwestern bank that will have more than 200 branches and $13 billion in assets.

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2017-07-25
The federal agency's investigative report concludes that crowdsales of blockchain tokens known as initial coin offerings may need to comply with securities laws.

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2017-07-25
Strong gains in interest and fee income offset higher expenses and chargeoffs at the Kansas City, Mo., company.

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2017-07-25
The Salt Lake City company also benefited from increases in investment securities and several large loan recoveries during the quarter.

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