2017-04-13
The Loan Syndications and Trading Association is appealing directly to Treasury Secretary Steven Mnuchin to exempt collateralized loan obligation managers from rules requiring "skin in the game" of deals.
Read More from: BankThink
2017-04-13
"Virtually every venture capitalist I know is excited about insurance as the next big thing in fintech," says Sam Hodges, co-founder and U.S. managing director at Funding Circle.
Read More from: BankThink
2017-04-13
The number of U.S. banks has fallen by 24% since the end of 2010, a result of mergers, failures and a dearth of de novo activity.
Read More from: BankThink
2017-04-13
The trade association's lawsuit challenging new field-of-membership rules may have the opposite effect, as more credit unions consider expansion before the litigation is resolved.
Read More from: BankThink
2017-04-13
Net income climbed 13% as as the Fed's hike improved loan yields and the stock market’s surge boosted returns from PNC’s stake in BlackRock, the world’s largest asset manager.
Read More from: BankThink
2017-04-13
Record loan originations and the continued accumulation of wealth management assets added up to 12% earnings growth at the San Francisco bank.
Read More from: BankThink
2017-04-13
Fintech companies can help consumers and small businesses obtain credit at lower costs, but it is critical to ensure that these innovative companies do not harm borrowers with predatory or discriminatory lending practices.
Read More from: BankThink
2017-04-13
First-quarter revenue at the scandal-plagued bank missed analysts’ estimates as profit fell in the lender’s troubled retail bank and expenses climbed.
Read More from: BankThink
2017-04-13
The Memphis, Tenn., company also reported an improvement in credit quality during the first quarter.
Read More from: BankThink
2017-04-13
JPMorgan Chase, Wells Fargo and Citigroup report first quarter earnings; Warren Buffett's company sells shares to stay under 10% ownership but is likely to support directors at annual meeting.
Read More from: BankThink
2017-04-13
Citigroup Inc. generated the most revenue from fixed-income trading in three years, defying some analysts’ concerns about a slowdown in interest rate and currency activity during the first quarter.
Read More from: BankThink
2017-04-13
JPMorgan Chase posted earnings that beat analysts’ estimates, fueled by better-than-expected trading revenue and lending margins.
Read More from: BankThink
2017-04-13
Click Here to View Bernstein-Burkley’s Spring 2017 Newsletter Included in the Newsletter: Bernstein-Burkley Service Spotlight: Asset Acquisition A Window of Opportunity for Reclamation Claims The Five Minute Legal Master Series: Automatic Stay in
Read More from: Bernstein-Burkley, P.C.
2017-04-13
Establishing fault in a car accident requires determining if one driver was negligent or blatantly in violation of the law.
Read More from: Scholnick Law
2017-04-13
CUs will have improved opportunities to add areas, sources say, but new rules ‘not a panacea.’
Read More from: BankThink
2017-04-13
The 110-page document offers plenty of new details about what went wrong at the megabank but may leave shareholders wanting a truly independent investigation.
Read More from: BankThink
2017-04-13
Lawmakers and others want the Trump administration to drop the Financial Stability Oversight Council's appeal of a controversial court ruling, but doing so may be harder than it sounds.
Read More from: BankThink
2017-04-13
The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype?
Read More from: BankThink
2017-04-13
Education Secretary Betsy DeVos on Tuesday rolled back an Obama administration attempt to reform how student loan servicers collect debt.
Read More from: BankThink