BankThink

Incoming ABA chair on credit union takeovers of banks: Enough

10/28/19

Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

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Allegiance in Texas taps insider as next CEO

10/28/19

Steven Retzloff, the company's president, will succeed George Martinez in January.

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FHFA's Calabria talks GSE footprint, coordination with other agencies

10/28/19

The regulator of Fannie Mae and Freddie Mac discussed steps the companies have already taken to limit their risk, as well as efforts to prevent housing market “overlap” with the FHA.

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Burned in 2008, Americans are refusing to tap their home equity

10/28/19

The once-popular loan Americans use to finance home renovations and college tuition is slowly dying, slashing a lucrative source of revenue for the nation's largest banks.

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JPMorgan weighs shifting thousands of jobs out of New York area

10/28/19

Executives are deciding what roles could be relocated to lower-cost hubs such as Plano, Texas; Columbus, Ohio; and Wilmington, Del

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The fight against financial crime has just begun

10/28/19

Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start.

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Citi consumer unit in good shape; Wells' layoffs

10/28/19

Division is making progress, helped by a rise in branded credit cards; about 200 bankers in agriculture and energy lending let go in recent months.

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Is the end of Libor a threat to financial stability?

10/27/19

Concerns over banks’ level of preparation have led to worries about disruptions in the lending market, and some financial institutions warn that a new interest rate benchmark could cause lenders to pull back on credit.

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