BankThink

Multifamily loan concentration is no weakness, this bank says

10/20/19

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

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Investors Bank teams with OnDeck to offer online business loans

10/20/19

Customers of the New Jersey bank will be able to complete applications in minutes and receive funding in as little as one business day.

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Potential Truist delay, Katie Porter, tech giant trust issues: Top stories of the week

10/18/19

BB&T-SunTrust merger closing could slip into 2020; how “the most feared freshman” is shaking up House Banking panel; consumers are split about trusting Amazon, Google with their savings; and more from this week’s most-read stories.

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One regional bank’s plan to wait out the Fed

10/18/19

Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.

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Supreme Court will hear CFPB constitutionality case

10/18/19

The high court will decide how much latitude a president has to fire the director of an independent agency.

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House passes offshoring bill inspired by Wells Fargo layoffs

10/18/19

The legislation, sponsored by Rep. Cindy Axne of Iowa, aims to hold public companies accountable for moving jobs overseas. It won unanimous support from House Democrats but attracted only two votes from Republicans.

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Dimon says Libra 'will never happen'

10/18/19

The JPMorgan Chase CEO called Facebook's cryptocurrency project a "neat idea" but added his name to the list of industry leaders and policymakers skeptical about the plan.

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Fed, FDIC will explore changes to Camels rating system

10/18/19

The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied.

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Why Scotiabank is building 'digital factories'

10/18/19

The Toronto-based bank has hired 1,200 people across five countries in North and South America to focus on digital features.

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Huntington names Visa executive as its new chief financial officer

10/18/19

Zachary Wasserman will succeed Mac McCullough, who is retiring at the end the year.

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