BankThink

House committees in talks with Trumps about bank subpoenas

05/07/19

Two congressional panels said they are in "good-faith negotiations" to allow President Trump to see copies of subpoenas directing Deutsche Bank and Capital One Financial to turn over his bank records.

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New Mexico bank to exit mortgage lending

05/07/19

Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.

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Banks should welcome fee-busting AI, fintech says

05/07/19

Cushion uses AI to help consumers negotiate refunds of overdraft and other fees. But it argues there's a bank play in its technology if bankers take the long view.

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6 takeaways from the Fed’s financial stability assessment

05/07/19

The central bank said that while financial markets' desire for higher yields raises the potential for losses, capital and liquidity safeguards temper any concerns about a looming crash.

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Organizers planning de novo bank in North Carolina

05/07/19

Triad Business Bank adds to the list of de novo efforts taking place in the state.

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GreenSky eyes growth in health care, e-commerce loans

05/07/19

The Atlanta company reported a first-quarter revenue increase of 22%, and it has established a more aggressive target for the full year.

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Will fee fight cause another SBA shutdown?

05/07/19

Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.

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CFPB plan a mixed bag for debt collectors

05/07/19

The long-awaited proposal includes safe harbors to protect collectors from getting sued, but would restrict phone collection attempts and allow borrowers to opt out of receiving other communications.

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PNC to sell investment management assets for $52 million

05/07/19

The Pittsburgh bank says it is selling the assets to Federated Investors to focus its PNC Capital Advisors unit on providing outsourced services.

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Credit union, bank groups trade shots over CFPB supervision of big CUs

05/07/19

A proposal to give the Consumer Financial Protection Bureau jurisdiction over credit unions with $10 billion or more of assets has sparked a war of words between the longtime foes.

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