BankThink

Open banking’s three biggest pitfalls

01/13/20

Financial institutions need to be aware of the platform model, strategic and reputational hazards that come with granting access to their networks.

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Truist unveils logo that emphasizes high-touch, high-tech focus

01/13/20

The regional bank, formed from the merger of BB&T and SunTrust, will begin marketing its new brand in conjunction with next month’s Super Bowl.

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Security Bank in Tennessee to buy neighboring lender

01/13/20

The bank will top $500 million in assets after it acquires F&M Bancshares.

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Will earnings season bring surprises?; Wells Fargo’s tech troubles

01/13/20

Profits at big banks are expected to be up versus a year ago but down from the third quarter; add antiquated systems to the bank’s many problems.

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11 bankers and disruptors to watch in 2020

01/12/20

Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.

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Banks try pooling resources to help defray AML costs

01/12/20

A North Carolina group is trying to take regulators' cue to work together. A successful effort could encourage others to follow its lead.

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GOP lawmaker's bill would repeal small-business loan rules

01/10/20

New legislation in Congress seeks to do away with a data-collection mandate that addressed discrimination in business lending. The repeal measure has the support of two bank industry groups based in Washington.

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Can California's mini-CFPB pick up slack left by federal agency?

01/10/20

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

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HSBC eyes sale of its French retail business

01/10/20

The effort is part of a push by interim Chief Executive Officer Noel Quinn to cut costs at Europe’s largest lender by assets.

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Banking 2025, more Wells Fargo woe, compliance turnover: Top stories of the week

01/10/20

Potential sources of industry upheaval, and how to adapt; former Wells Fargo execs may face criminal charges in coming weeks; why banks have such high turnover of chief compliance officers; and more from this week's most-read stories.

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