BankThink

Suspicious circumstances in failure of Enloe State Bank

06/03/19

Someone reportedly was burning paper at the Texas bank on a recent Saturday night, and a state regulator cited "insider fraud and abuse" after Enloe was closed.

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Fed official hits back at criticism of central bank’s payments role

06/03/19

Competition from the public sector in payment services has benefited the public and should not be discounted in the development of a real-time system, said Kansas City Fed chief Esther George.

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Government launches unified MBS platform for Fannie, Freddie

06/03/19

The consolidation of the two companies' securitization platforms into a single bond market became official on Monday.

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FHFA's Calabria urges reg relief for homebuilders

06/03/19

The head of Fannie Mae and Freddie Mac’s regulator blamed “burdensome” local regulations for a lack of housing supply, and also provided an update on the administration’s plan for GSE reform.

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Synovus lands Regions exec to fill CFO spot

06/03/19

Jamie Gregory has worked for Regions for a decade and was named head of corporate financial strategy early this year, but he's jumping ship to Synovus in late June.

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How a startup fits into BNY Mellon’s blockchain strategy

06/03/19

Subhankar Sinha, the bank’s new head of blockchain, says its partnership with Bakkt is part of a larger effort to figure out what it would look like to be a custodian for digital assets.

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Transition from Libor to new benchmark should begin now: Fed’s Quarles

06/03/19

Although Libor will will not be phased out until at least 2021, Randal Quarles said making the switch early is "consistent with prudent risk management."

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Community Banks with the Highest Returns on Average Equity

06/03/19

Year to date through Mar. 31, 2019. Dollars in thousands.

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Community Banks with the Highest Returns on Average Assets

06/03/19

Year to date through Mar. 31, 2019. Dollars in thousands.

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Don’t sideline earned income access

06/03/19

Critics have knocked the product, which provides workers access to their wages before payday, as another form of predatory lending. But California has a new bill that would create a legal framework for this short-term lending alternative, and policymakers elsewhere should follow the state's lead.

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