BankThink

New suit against Discover highlights lingering robocalling risk

10/31/19

The case — the card issuer's third in six years — is an example of the legal peril that banks and other companies continue to face over the use of automated phone calls for debt collection and other purposes.

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House bill would mandate congressional visits by big-bank CEOs

10/31/19

Rep. Ayanna Pressley, D-Mass., has proposed requiring annual testimony by the heads of the U.S. "global systemically important" banks.

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GSEs need to shape up if they want to leave conservatorship: Calabria

10/31/19

Recent Fannie Mae and Freddie Mac activities are “not the kind of day-to-day behavior that you would expect from companies” under federal control, the head of the Federal Housing Finance Agency said.

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Digit's latest feature tackles student loan debt

10/31/19

Digit is applying its automated-savings techniques to the growing problem of student loan debt.

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Eliminating unconscious bias from the workplace

10/31/19

Women should be offered tailored career development programs.

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SOFR-linked deals plummet; 1MDB scandal mastermind settles with DOJ

10/31/19

Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.

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Banks extending more credit to PE. Will they regret it?

10/30/19

Bank and other lenders are said to have poured hundreds of billions of dollars into financing private-equity firms and their investment deals in recent years. Defaults have been low, but an economic slowdown could put these relationships to the test.

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CFPB chief mentions payday ‘research,' and heads turn

10/30/19

A remark by Director Kathy Kraninger during a congressional hearing has renewed a fierce debate over how the agency uses academic studies to support rulemakings.

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New York Community warns about heated competition in multifamily lending

10/30/19

Shares in the lender fell after it reported lower third-quarter profits, said nonperforming assets rose and cautioned that it had lost multifamily loan deals to competitors offering easier terms.

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NCUA's Harper: Large credit unions need more oversight

10/30/19

The National Credit Union Administration board member is requesting comment on a proposal to create new consumer compliance measures for "large, complex credit unions."

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