BankThink

Fed's Powell says revamp of capital, liquidity rules not under consideration

10/30/19

Federal Reserve Chairman Jerome Powell said Wednesday that he does not think revamping capital or liquidity requirements is necessary despite recent volatility in the repurchase markets.

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Deposit insurance credit came just in time for community banks

10/30/19

The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand.

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'Data is being hoarded' by tech companies: BBVA's Carlos Torres Vila

10/30/19

Unlocking the information that technology companies have on consumers would benefit banks and society overall, the chairman of the Spanish banking giant said.

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Trump administration wants Supreme Court to back GSE profit sweep

10/30/19

A lower court “erred” when it sided with Fannie Mae and Freddie Mac’s investors, the Justice Department said in its petition to the high court.

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Dems demand CFPB investigation of Pa. loan forgiveness program

10/30/19

Nearly two dozen Senate Democrats say the CFPB should "immediately" open up an enforcement investigation into the Pennsylvania Higher Education Assistance Agency’s loan forgiveness program for alleged mismanagement.

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Kansas credit unions prevail in latest state-level tax fight

10/30/19

A special committee in the state Senate has recommended not to move forward on a proposed bill to tax credit unions above a certain asset threshold.

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SmartFinancial returns to M&A with Progressive Savings purchase

10/30/19

The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state.

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Congress needs to hurry up on data protection

10/30/19

Consumer identities are becoming increasingly digital and more prone to privacy risks. Lawmakers cannot sit idle.

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Mnuchin open to easing liquidity rules; BofA employees rewarded

10/30/19

Treasury Secretary says regulators could look to help ease liquidity logjam in money markets; workers will get special bonuses for the third straight year.

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Nothing comes easy for CFPB in payday lending rule

10/29/19

The restriction on how often a borrower’s account is debited was supposed to be relatively straightforward, but one lender is trying to fight that provision.

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