BankThink

BofA chief emphasizes 'responsible growth' to counter rate pressure

01/15/20

Brian Moynihan said banks must be mindful of pricing and risk as they contend with lower yields on loans and securities.

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PNC learns the downside of paying cash bonuses to new customers

01/15/20

CEO William Demchak said the bank has witnessed "a lot of mischief" among customers who open checking accounts to collect bonuses and then never use the accounts again.

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Wells Fargo loses another patent lawsuit to USAA

01/15/20

Wells was ordered to pay USAA $102.8 million for infringing on its mobile deposit patents. It follows a separate lawsuit loss in November also related to patents.

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How to keep community banks thriving

01/15/20

The Atlanta Fed offers ways rural institutions can keep and nurture talent while pooling resources with their peers to excel in a challenging environment.

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Chicago de novo bank effort cleared to raise capital

01/15/20

Organizers of First Women's Bank have also filled two key executive posts.

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Goldman’s $1 billion legal hit mars fixed-income trading rebound

01/15/20

Goldman Sachs Group Inc.’s comeback quarter for trading was marred by a $1.09 billion legal charge as the firm gets closer to a settlement of the 1MDB scandal.

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Bank Q4 earnings off to good start; Bitcoin rallies

01/15/20

JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.

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BofA joins Wall Street’s trading comeback, consumer unit slips

01/15/20

Bank of America Corp.’s traders bounced back with their peers.

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Regulators aren't only ones at odds over CRA reform

01/14/20

As the regulatory agencies have struggled to reach a consensus, a proposal championed by Office of the Comptroller of the Currency has divided lawmakers and been assailed by community groups.

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Credit union to buy Colorado branches from Liberty Savings

01/14/20

Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.

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