BankThink

Fifth Third's agenda: Southeastern growth, 'digitization'

04/23/19

Now that the Cincinnati company recently completed its first bank acquisition in over a decade, CEO Greg Carmichael is pushing ahead on tech hires and expansion outside its Midwestern core.

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U.K. fintech now has war chest to push stateside

04/23/19

The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology.

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Comerica has new CEO for the first time in 17 years

04/23/19

The Dallas company finally made the move that had long been expected: Curtis Farmer succeeds Ralph Babb as chief executive. However, Farmer will still report to Babb, who stays on as executive chairman.

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FDIC must have full board to rule on BB&T-SunTrust: Sherrod Brown

04/23/19

In separate letters to President Trump and the head of the FDIC, the Senate Democrat said the merger cannot be approved until all five seats of the agency's board of directors are filled.

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Institutional clients' deposit shuffle burns custody banks

04/23/19

Money managers, which are critical to the success of State Street and Northern Trust, are aggressively moving cash into higher-rate products.

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Fed seeks to clarify bank control framework

04/23/19

The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.

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Activist investor to fight for HomeStreet board seats

04/23/19

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

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CFPB to give more information to firms under investigation

04/23/19

Under a new policy, a company subject to a civil investigative demand will learn from the agency about what conduct the probe is targeting and what legal provisions the firm may have violated.

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'Wells Fargo should change today': Shareholders disrupt bank's annual meeting

04/23/19

Nearly a dozen shareholders disrupted opening remarks at Wells Fargo’s annual meeting in Dallas on Tuesday, pressing executives to answer for a series of scandals that have rocked the bank.

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Wells Fargo needs a retail banker at the helm

04/23/19

As the bank's board conducts its search for a new CEO, it should exclude Wall Street titans from any shortlist.

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