BankThink

Ocasio-Cortez’s disruptive spotlight could soon be turned on bankers

01/11/19

The freshman congresswoman will likely join the Financial Services Committee, where she could use her populist momentum to bring criticisms of the country's biggest banks even further into the mainstream.

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Why more banks aren't doing the robot

01/11/19

Robotic process automation is said to have a high return on investment, but adopting it on a large scale has proven challenging, especially at community banks.

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Waters: A million-plus could lose homes because of HUD shutdown

01/11/19

A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee.

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CECL is in trouble, but there’s a fix

01/11/19

Problems with the new accounting standard could be solved by modifying how reserves are calculated so that changes are more in line with industry growth.

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Will Q4 bank earnings surprise?; Credit cards rule payments world

01/11/19

Some big investors think the recent selloff in bank stocks is overdone; despite new ways to pay, credit cards still dominate.

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'A textbook example of rent-seeking': Comments of the week

01/11/19

Readers weigh in on pushback by appraisers to a new regulatory proposal, consider credit card issuers' role in the gun debate, respond to recent credit union mergers and more.

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First Citizens to buy small bank in South Carolina

01/10/19

The North Carolina company agreed to pay $38 million in cash for First South Bancorp.

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CFPB mortgage rule didn’t cost industry much, agency says

01/10/19

As required by the Dodd-Frank Act, the bureau released long-awaited "look-back" reviews to assess the impact of mortgage underwriting and servicing rules on the industry and the credit markets.

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Yellow lights instead of green for bank M&A deals

01/10/19

Shareholder approval, usually a formality, is far from guaranteed when an acquirer's share price is sliding.

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Online lender’s aim: Turn borrowers into depositors

01/10/19

Affirm, which for six years has plied its trade as a point-of-sale lender, wants to move deeper into banking by offering a high-rate savings account.

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