BankThink

Warren, Tillis look to enforce GSE salary caps

04/12/19

A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000.

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Red River in Louisiana plans $30M initial public offering

04/12/19

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

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How Miami's smaller banks are protecting their turf

04/12/19

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.

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Richard Urfer, capital markets trailblazer at three big banks, dies at 82

04/12/19

Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls.

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PNC’s Demchak says he will not be Wells Fargo's next CEO

04/12/19

Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A.

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First Republic hits asset milestone, tops $100 billion

04/12/19

The San Francisco bank has roughly doubled its assets in the last five years with the benefit of an acquisition.

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Need a volunteer opportunity, young banker? This algorithm's for you

04/12/19

CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.

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Fed entry into real-time payments would do more harm than good

04/12/19

Arguments that the central bank should develop its own system for faster payments ignore current market realities, argues The Clearing House, which has developed its own network.

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Commercial lending, fee businesses boost PNC's 1Q profits

04/12/19

The Pittsburgh company more than doubled its provision for loan losses during the first quarter to keep pace with growth in its loan portfolio.

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HSBC sexual harassment case shows banks' struggles in MeToo era

04/12/19

In the MeToo era, financial firms the world over are struggling to handle complaints of sexual harassment. A case in point: HSBC.

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