BankThink

House banking panel to examine Wells Fargo, CFPB in March

02/25/19

The House Financial Services Committee will hold eight hearings next month, looking at Wells Fargo's recent consumer protection scandals, a reauthorization of the flood insurance program and more.

[more]

Citi bracing for hit to credit card sales from Sears reorganization

02/25/19

The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume.

[more]

Bills to reform credit bureaus unveiled on eve of hearing

02/25/19

Ahead of testimony by the CEOs of the major bureaus, House Financial Services Committee leaders proposed sweeping changes for the credit reporting industry and credit-score protections for furloughed government workers.

[more]

Ocasio-Cortez questions bank funding of prisons that hold immigrants

02/25/19

The New York congresswoman, who sits on the House Financial Services Committee, said the panel wants to make banks "accountable for investing in and making money off of the detention of immigrants."

[more]

Hilltop in Dallas to have one CEO after veteran banker's retirement

02/25/19

Alan White, who will step down in April, and Jeremy Ford have served as the company's co-CEOs since September 2016.

[more]

Bank of America ditching Merrill Lynch, U.S. Trust brands

02/25/19

BofA is rolling out new names for its investment banking, wealth management and private banking divisions.

[more]

Against the odds: How the smallest banks are staying relevant

02/25/19

Tiny banks are recording healthy returns by carefully managing expenses and credit quality.

[more]

Why this small bank created a separate, digital-first brand

02/25/19

Midwest BankCentre in St. Louis, with the help of a stable of fintechs, started Rising Bank to keep up with big banks in the hunt for deposits and millennial customers.

[more]

Waters urges CFPB employees to blow whistle on agency leaders

02/25/19

The House Financial Services Committee chair said in an open letter that she wants to empower bureau staff amid reports of low morale.

[more]

U.S. Bank Holding Companies with the Highest Multiples of Net Income to Salary and Benefits

02/25/19

Year to date through Sep. 30, 2018. Dollars in thousands.

[more]