BankThink

House probe of Deutsche Bank and Trump should be taken seriously

02/20/19

Congressional investigations are often rushed affairs that fail to dig beneath the surface. But the hiring of a veteran investigator who has tangled with Deutsche in the past suggests that this politically charged inquiry is likely to be thorough.

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Community activists oppose Square's ILC bid

02/20/19

More than three dozen organizations are asking the FDIC to reject Square’s pending application to become an industrial loan company, according to a letter filed Tuesday.

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Banks healthy enough to absorb leveraged-loan risks: Moody’s

02/20/19

Amid widespread concern about their exposure to leveraged lending, the debt rating agency says banks have sufficient earnings and capital cushions to continue investing in the sector.

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Why Kraninger's CFPB is mandating fewer consumer refunds

02/20/19

The agency has required restitution in just one of six settlements under its new director, raising questions about whether the pattern will continue.

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Consumer lenders could feel most pain from CECL

02/20/19

Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.

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What's missing from FDIC's notice on brokered deposits

02/20/19

The agency’s effort is a good first step to updating brokered deposit rules, but regulators excluded several important considerations in their advance notice of proposed rulemaking.

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Wintrust plays small ball with Oak Bank acquisition

02/20/19

The Illinois company will pay $46 million for a bank that is a fraction of its size.

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Florida remains hotbed for deals between credit unions, banks

02/20/19

Fairwinds Credit Union will buy Friends Bank. It is the third time this year that the Florida bank has agreed to sell to a credit union.

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The tangled politics and potential future of pot banking

02/20/19

Legalized marijuana is a multi-billion dollar industry, and it desperately needs banking services. Will Congress come to the rescue?

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PayPal CEO's lofty digital payments vision; Danske’s troubles grow

02/20/19

Dan Schulman predicts digital payments market may reach $100 trillion; the bank exiting Estonia, Latvia, Lithuania and Russia.

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