BankThink

Opus hires industry veteran as its new CEO

05/01/19

Paul Taylor previously served as CEO of Guaranty Bancorp in Denver, which sold in January to Independent Bank.

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House extends subpoena deadline for Deutsche Bank, Capital One

05/01/19

The banks were ordered to submit records related to President Trump's businesses, but lawmakers have agreed to give the companies until seven days after a judge rules on the Trump family's request to block the subpoena.

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Regulators making 'good progress' on Volcker Rule 2.0: Fed's Powell

05/01/19

The head of the central bank declined to provide more specifics on efforts to simplify the ban on banks’ proprietary trading.

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House Dems put spotlight on auto lending discrimination

05/01/19

Democratic lawmakers made clear at a hearing Wednesday that they do not intend to abandon the issue following the GOP's repeal of regulatory guidance last year.

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First Bank in Missouri taps insider as next CEO

05/01/19

Shelley Seifert had been the bank's chief operating officer.

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Hancock Whitney is sold on MidSouth, warts and all

05/01/19

The New Orleans company is comfortable buying with the deal despite MidSouth's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.

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What ruling on noncompete clauses means for banks — and job hunters

05/01/19

It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.

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TD Bank’s calculated shift to the cloud

05/01/19

The North American banking giant is making a gradual yet concerted effort to migrate applications to Microsoft’s cloud, but there are still sensitive operations and pieces of data that it’s holding back on for now.

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CFPB fines student loan servicer $3.9 million for unfair practices

05/01/19

Conduent Education Services has agreed to pay $3.9 million to the CFPB for failing to provide accurate account balances on more than 200,000 student loans.

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Regulators plan meeting with law enforcement on banks’ AML burden

05/01/19

FDIC Chairman Jelena McWilliams revealed an effort by the banking agencies to gain better clarity on how authorities use the huge amounts of suspicious activity reports that banks must submit under anti-money-laundering laws.

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