BankThink

Recap of Fannie and Freddie must protect shareholder rights

07/09/19

How the Trump administration can recapitalize Fannie Mae and Freddie Mac while remedying jilted private investors.

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Challenger bank Current launches anti-overdraft product

07/09/19

The company has created GoFundMe-like pages for users to petition friends and family to help them pay the charges assessed by banks.

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SEC may OK crypto firms as brokers; N.Y. regulator will ‘police everything’

07/09/19

“Limited” digital-asset broker spots mat be approved; Linda Lacewell’s plans for the New York State Department of Financial Services.

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How MUFG’s ‘digital hybrid’ bank raised $7B in deposits

07/09/19

Pierre Habis, president of PurePoint Financial, explains how the digital bank and small network of paperless branches are meeting consumers’ needs.

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Banks take a pass on rollback of overdraft rule

07/08/19

The CFPB asked whether 10-year-old consumer protections against overdrafts are onerous or unfair, especially to smaller financial institutions, but banking industry officials largely said any changes could invite new problems.

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Where the 2020 Democrats stand on banking issues

07/08/19

Critical comments about Wall Street in the first debates signal an unfriendly political environment for banks. Here is a sample of leading candidates’ financial policy views.

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Bar Harbor entering central Maine with branch deal

07/08/19

The company will buy eight locations, along with loans and deposits, from People's United.

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Citi’s chief lending officer to take over HSBC’s U.S. business

07/08/19

Michael Roberts will succeed Patrick Burke as president and chief executive of HSBC USA in October.

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Bank vendors hungry for small-business analytics

07/08/19

Jack Henry's acquisition of Geezeo and NCR's purchase of D3 Technology are fueling predictions that more small-business data firms will be takeover targets for legacy techs trying to court small bank and credit union customers.

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How one small bank is getting rich in wealth management

07/08/19

Peapack-Gladstone in New Jersey has more than doubled its assets under management in the last six years, taking advantage of buyouts of its smaller rivals as it aims to become less dependent on net interest income.

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