BankThink

Does it really matter where Wells Fargo’s CEO is based?

10/01/19

Incoming CEO Charles Scharf will remain in New York even though the bank's headquarters is in San Francisco. His hiring underscores the diminished importance of geographical proximity for executives at large banks.

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Small bank’s big digital goal: Launch 3 niche banks

10/01/19

Surety's first online bank, booyah, is aimed at college students and young grads.

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Funding costs top small banks’ list of concerns

10/01/19

More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey.

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Kraninger’s stance on CFPB constitutionality puts rules in limbo

10/01/19

By declaring that she has too much statutory power, the agency’s director has potentially opened a floodgate of litigation.

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HBT Financial in Illinois plans IPO

10/01/19

The company could raise as much as $158 million by selling shares to the public.

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Glacier to significantly increase scale in Arizona with State Bank deal

10/01/19

The Montana will pay $135 million for a bank with 10 branches in seven Arizona markets.

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First United in Maryland faces more pressure to sell

10/01/19

A second activist investor is pushing the company's board to find a buyer.

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The public option for real-time payments is taking too long

10/01/19

There is no way to know exactly what the market will look like in 2023 or 2024 when FedNow debuts. We're working on a solution that can help our customers right away, says Luanne Cundiff, president and CEO of First State Bank of St. Charles in Missouri.

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Fannie, Freddie to retain earnings; PayPal wins Chinese payments license

10/01/19

The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.

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The trouble with banks' personal finance tools

10/01/19

Adoption of money management instruments offered by banks remains low. One expert explains why.

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