ABI Blog Exchange

2017-01-20
Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on an 11% increase in noninterest income and on lower credit costs.

Read More from: BankThink

2017-01-20
JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%.

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2017-01-20
Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues.

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2017-01-20
Jim Van Dyke, CEO of futurion, discusses the correlations between mobile deposit features, the ratings of those features, and app adoption.

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2017-01-20
CEOs at several regionals have decided to sit on the sidelines so they can digest recent big acquisitions, while others are contemplating going for more deals provided they find lower-risk opportunities.

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2017-01-20
Initial regulatory steps toward giving credit unions access to alternative sources of capital could add to bankers' concerns that their tax-advantaged rivals are expanding beyond their mission.

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2017-01-20
The Connecticut bank said a spike in business lending and residential mortgages gave its fourth-quarter earnings a boost.

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2017-01-20
American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.

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2017-01-20
The Consumer Financial Protection Bureau on Thursday sued TCF National Bank for what the bureau said were deceptive and abusive practices in selling overdraft services.

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2017-01-20
The global money transmitter will pay $586 million and implement an anti-fraud program in order to resolve allegations that it enabled widespread misconduct by some of its employees.

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2017-01-20
In his confirmation hearing, Treasury Secretary-designate Steven Mnuchin said he wanted to work with both parties to find a “bipartisan fix” for the housing finance system.

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2017-01-20
As JPMorgan Chase and Oracle face lawsuits from the Labor Department over their allegedly discriminatory pay practices, Sallie Krawcheck talks about how the key to closing the equality gap is financial equality, and U.S. Rep.

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2017-01-20
As artificial intelligence makes analytics better, the question of who gets to benefit from the intel will come up more. Fintech startup wallet.ai believes customers should be told of propensities that might be hurting them.

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2017-01-20
Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income.

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2017-01-19
The Second Circuit issued its much anticipated decision in Marblegate Asset Management LLC v.
2017-01-19
Upcoming Committee Formation Meeting:  Friday, January 27, 2017, 10:00 am Case Name: 17-10111 (MFW)
2017-01-19
   A debtor attorney and debtor were jointly sanctions $5,793.75 in creditor's fees for a bad faith chapter 13 filing in In re: Phillip Wayne Lockhart, Jr., No. 16-32803(1)(13), 2017 WL 187560 (Bankr. W.D.

Read More from: Tampa Bankruptcy

2017-01-19
The $143 billion-asset company has agreed to buy the Retirement Corporation of America, an advisory firm based in Fifth Third’s headquarters city that focuses on the needs of retirees.

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2017-01-19
Commercial real estate loan growth and the Hudson City acquisition fueled fourth-quarter profit growth at M&T Bank in Buffalo, N.Y.

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2017-01-19
The rally in bank stocks since Donald Trump's surprise victory in November has minted a new billionaire banker ahead of Friday's inauguration: M&T Bank CEO Robert Wilmers.

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