BankThink

Trump says pizza exec Cain is in 'good shape' for Fed seat

04/05/19

President Donald Trump said Herman Cain, the former pizza company executive who ran for the 2012 Republican presidential nomination, is being vetted for a seat on the Federal Reserve Board.

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Trump to nominate Cain to Fed; Dimon calls for mortgage reforms

04/05/19

He would be the second controversial pick by the president to join the central bank in the past few weeks; the JPM CEO said there are too many “onerous and unnecessary” rules.

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Where customers are also lenders: One fintech's payday alternative

04/04/19

To generate revenue, SoLo Funds depends on consumers willing to front funds through its platform.

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Choke Point epilogue: Are banks free to refuse service?

04/04/19

The battle lines drawn over federal efforts to restrict bank relationships with politically risky industries used to be clear cut. Not anymore.

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A 'Marshall Plan for America:' Takeaways from Jamie Dimon's shareholder letter

04/04/19

The CEO of the nation's largest bank urged policymakers to ease capital rules for banks and tackle inefficiencies in the housing markets, while offering bold ideas of his own on education and health care.

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Senate confirms Mark Calabria as head of FHFA

04/04/19

The administration official will serve a five-year term as Fannie Mae and Freddie Mac's chief regulator.

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Entegra settles with adviser over unexpected merger expense

04/04/19

The North Carolina company was hit with a tax penalty tied to its purchase of Chattahoochee Bank of Georgia.

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App from Simple co-founder builds bridges from banks to blockchains

04/04/19

Shamir Karkal’s startup, Sila, is launching an API platform that gives developers a way to connect traditional bank systems to distributed ledgers like Ethereum.

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Bankers back bill to let states determine marijuana rules

04/04/19

A broad bill that amends the Controlled Substances Act to formally recognize state laws legalizing marijuana has the support of the financial services industry.

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United Bancorp. of Alabama raises $26 million

04/04/19

The company plans to use the new capital to pursue growth opportunities.

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