BankThink

Why bankers should drop their fear of fintech regulatory sandboxes

01/22/19

Brian Knight at George Mason University says fintechs will be held accountable for legal violations in sandboxes — and banks can use sandboxes, too.

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Citi's Corbat not counting out struggling European rivals

01/22/19

"I don't and I never would discount the European banks," Citigroup Chief Executive Officer Michael Corbat said in an interview at the World Economic Forum in Davos. "Don't overestimate the U.S. banks' position, and don't underestimate the European banks' position."

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BofA's Moynihan predicts another round of U.S. bank mergers

01/22/19

Bank of America Chief Executive Officer Brian Moynihan predicted another round of consolidation in the U.S. that could lead to the emergence of a new competitor.

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Citizens Community to enter new Wisconsin market with latest acquisition

01/22/19

The company will top $1 billion in assets after it buys the parent of F&M Bank in Tomah, Wis.

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Shutdown boosts payday lenders; CEO pay growth far outpaces rank-and-file

01/22/19

Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.

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Are fintechs better off taking the ILC route to banking?

01/21/19

The industrial loan company charter is getting more attention as doubts grow about a new federal license for fintechs.

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Wisconsin banks announce plans to merge

01/21/19

Greenwoods Financial will have $270 million in assets when it buys Fox River Financial.

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Startups take on stress-testing tech

01/20/19

Fintechs are developing data-crunching, automated products that seek to help banks precisely calibrate capital levels. The banks' goal is to pass stress tests while maximizing returns to investors.

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Fannie-Freddie soar on FHFA chief's conservatorship comment

01/18/19

Fannie Mae and Freddie Mac shares soared Friday amid fresh reports that the Trump administration is working on proposal that would recommend freeing the mortgage-finance giants from government control.

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Battle for deposits is ‘a steel-cage match’

01/18/19

Loan demand is finally picking up after several lackluster quarters. Banks' big challenge is finding cheap deposits to fund all those new loans.

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