2019-06-21
A new set of tougher scenarios did little to keep large banks from passing the most recent stress tests mandated by the Dodd-Frank Act.
Read More from: BankThink
2019-06-21
Google explored the OCC's fintech charter, then walked away; the biggest changes in digital banking could be just ahead; 'Truist' rebrand prompts lawsuit by N.C. credit union; and more from this week's most-read stories.
Read More from: BankThink
2019-06-21
Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.
Read More from: BankThink
2019-06-21
A customer who sued Chase over credit card interest charges is now asking a judge to order the bank to stop notifying cardholders about its plan to reinstate arbitration.
Read More from: BankThink
2019-06-21
Banks are increasingly turning to outsiders like Nikki Katz, a former Disney executive now at Bank of America, and Joel Kashuba, formerly of Procter & Gamble and now at Fifth Third, to help build their digital experiences.
Read More from: BankThink
2019-06-21
Three Business Finance & Restructuring partners have been recognized for their roles on two matters at the Turnaround Management Association (TMA) Turnaround and Transaction of the Year Awards.
Read More from: Business Finance & Restructuring News - Weil
2019-06-21
While global banks have been pouring money into information technology — to the tune of $1 trillion over three years — only a handful appear to be fully committed to a digital transformation and are therefore reaping the benefits, according to an
Read More from: BankThink
2019-06-21
Libra has only been public for a few days, but it has been enough time for regulators around the world to savage the project and schedule hearings.
Read More from: BankThink
2019-06-21
New York lawmakers took steps to prevent predatory lenders from using the state's court system to seize the assets of small businesses nationwide.
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2019-06-21
All of the Seattle company's directors, including CEO Mark Mason, were backed by shareholders despite a challenge by Blue Lion Partners.
Read More from: BankThink
2019-06-21
Customers of Marcus, the consumer lending arm that launched in 2016, defy easy categorization, according to an executive at the Wall Street bank.
Read More from: BankThink
2019-06-21
If Libra becomes a major financial force, the stability of global finance is on the line.
Read More from: BankThink
2019-06-21
The bank believes its U.S. unit will pass this year’s stress test but Fed restrictions will stay; COO is the second member of CEO’s inner circle to leave.
Read More from: BankThink
2019-06-21
The Facebook digital-currency unit has a logo nearly identical to that of the challenger bank Current, which has been around since 2015.
Read More from: BankThink
2019-06-20
Readers weigh in on big tech companies walking away from OCC's fintech charter, House committee wanting Facebook to halt Libra, calls to stop Congress from delaying CECL, and more.
Read More from: BankThink
2019-06-20
Community bankers want to cut the time it takes for customers to establish digital accounts to mere minutes, but it's hard to do that and make other improvements without increasing fraud risk.
Read More from: BankThink
2019-06-20
The House passed a spending bill amendment aimed at providing further clarity to banks looking to provide services to cannabis businesses.
Read More from: BankThink
2019-06-20
According to a recent Business Insider article many bankruptcies are being driven by student loan debt. See the link below. Jim Shenwick
Read More from: Shenwick & Associates
2019-06-20
To view an interesting article about proposed City council actions to overhaul the taxi medallion industry please see NY Post article below. Jim Shenwick
Read More from: Shenwick & Associates