BankThink

Analytics project shows promise for resolving pot-banking issues

04/02/19

NCS Analytics is building portals for Michigan and California that are designed to encourage financial institutions to become more comfortable in banking marijuana-related businesses by making it easier for them to sort out good and bad actors.

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Midland States expands south of Chicago with HomeStar purchase

04/02/19

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

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House hearing on fair-lending rules keeps spotlight on Facebook

04/02/19

A discussion on how to modernize policies to combat housing discrimination quickly turned into a sharp critique of the social media giant's advertising practices.

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'There is no division in our industry': BofA's Moynihan

04/02/19

Banks of all sizes need to stick together to ward off threats from "unregulated" fintechs and other nonbanks, Bank of America Chairman and CEO Brian Moynihan said Tuesday.

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Banks should improve tech vendor service contracts: FDIC

04/02/19

Some contracts are not "adequately" defining which party — the bank or the vendor — is responsible for managing risks, the agency said.

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Cambridge Savings forms asset-based lending business

04/02/19

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

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House Democrat moves goalposts for GSE reform

04/02/19

Rep. Gregory Meeks of New York signaled which legislative provisions Democratic leaders would accept in a bipartisan housing finance package.

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Regulators propose new steps to limit contagion of megabank failures

04/02/19

Under the plan, large banks would have to hold additional capital if they purchase another bank's "loss-absorbing" debt that is used to contain fallout from a collapse.

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For de novos, the hardest part about starting up is staffing up

04/02/19

New banks need to add loans to turn a profit. The problem for many is finding the lenders necessary to make that happen.

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Are global regulators gunning for big tech?

04/02/19

Randal Quarles, a senior Fed official and chair of the Financial Stability Board, sparked debate with a speech about the risks and rewards of companies like Amazon, Facebook and Apple entering the financial system.

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