BankThink

Citigroup hit with record U.K. fine for incorrect reporting

11/26/19

The Bank of England fined Citi $57 million for failing to properly report capital and liquidity levels at its European investment bank and other global operations.

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Why small businesses need regulators' proposed 'Madden' fix

11/26/19

Bank regulators are considering a bypass to the 2015 court ruling governing loan sales that would ultimately offer more credit options to entrepreneurs.

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N.Y. Fed close to filling market ops spots; Subprime auto-backeds rev up

11/26/19

The Bank is poised to pick two people to handle Simon Potter’s former job; Securities backed by subprime U.S. car loans are “going gangbusters.”

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9 big items on regulators’ to-do list (including CRA reform)

11/25/19

A proposal to modernize the Community Reinvestment Act could be just a snippet of what regulators try to accomplish as they wrap up 2019.

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Will banks be swept into CFPB's debt-collection rule?

11/25/19

Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.

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Rural areas suffer brunt of U.S. bank branch closings: Fed report

11/25/19

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.

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Parsing bankers' warnings on credit

11/25/19

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?

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OCC gives banks another break on their assessment fees

11/25/19

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million next year.

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CFPB sued for allegedly failing to supervise student loan servicers

11/25/19

Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.

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Credit Unions with the Largest Portfolios of Home Equity Loans

11/25/19

On Jun. 30, 2019. Dollars in thousands.

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