BankThink

Goldman in settlement talks with DOJ; Congress members ask JPM about equality

12/20/19

The bank could pay about $2 billion to close the 1MDB case in the U.S.; in letters lawmakers ask Dimon about policies to combat racism.

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10 banking policymakers to watch in 2020

12/19/19

Impeachment continues to dominate Congress, but legislation the industry seeks is still pending and the bank regulators have a full agenda. Here are the figures who will drive the policy debate.

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Small banks turn to subordinated debt to fund growth

12/19/19

Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion.

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Cambridge Financial in Mass. to buy neighboring cooperative bank

12/19/19

The company will pay about $58 million in cash for Melrose Bancorp.

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OCC files appeal in fintech charter case

12/19/19

In October, U.S. District Judge Victor Marrero ruled against the OCC in a case brought by the New York State Department of Financial Services.

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Forecast for bank stocks in 2020: Not so bad

12/19/19

The fresh optimism is starting to outweigh some of the worries hanging over the sector heading into the new year.

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Waters will call Wells Fargo's board members to testify in 2020

12/19/19

House Financial Services Committee Chairwoman Maxine Waters said oversight of the bank will be a focus for the panel next year.

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Banks cite regulations among reasons for repo spike: Survey

12/19/19

Many large lenders pointed regulatory restrictions on their balance sheets and reduced risk appetite to explain why they stood on the sidelines during the September spike in overnight funding rates, according to a Federal Reserve survey of senior credit officers.

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What inspired State Street's digital asset investing venture

12/19/19

The bank sees digital assets as part of the future and "we want to be there when this happens," says Ralph Achkar, head of digital product development and innovation.

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Fed payment system experiences second disruption of 2019

12/19/19

The Federal Reserve is investigating what may have caused delays in the processing of ACH transactions that began late Wednesday and continued into Thursday morning.

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