BankThink

Post-Midterm Gridlock? It's Not That Simple

12/13/18

The outcome of the midterm elections stands to recast debate on topics ranging from regulatory relief to the GSEs and the CFPB. Inside, a look at how the direction of financial services policy could alter under the newly divided Congress.

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Germany may be inching closer to having a new No. 2 lender

12/13/18

A consolidation of Germany's fragmented banking market is very much in the cards, following months of speculation.

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Warren, Van Hollen seek Senate probe of Deutsche Bank's missteps

12/13/18

Sen. Elizabeth Warren is joining with a fellow Senate Democrat Chris Van Hollen in seeking a Banking Committee investigation of Deutsche Bank's compliance with U.S. safeguards against money laundering.

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Scrapping CRA is no solution

12/13/18

Any serious discussion of how best to update the Community Reinvestment Act for the 21st century must focus on strengthening the law, not eliminating it.

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New York lawmakers say state must stop enabling predatory loans

12/13/18

New York legislators are pledging to change laws that have allowed predatory lenders to use the state court system to seize the assets of thousands of small businesses across the country.

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Fed, FDIC court banks; Germany seeks to help its banks

12/13/18

The two agencies seek to end the acrimony with the companies they regulate; the government is trying to make it easier for the wounded Deutsche Bank to merge with rival Commerzbank.

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Synovus invests broad authority in new COO

12/12/18

Synovus has given CFO Kevin Blair the additional title of COO. He will oversee three business lines, plus tech, operations and product and treasury management.

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City National builds out defense business with two new hires

12/12/18

The U.S. subsidiary of the Royal Bank of Canada has added bankers from MUFG Union Bank and Bank of America to its Orange County, Calif., team that serves the aerospace and defense industry.

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Temenos buys front office tech provider for $245M

12/12/18

The banking software company has acquired Avoka, a software-as-a-service company that helps banks with digital customer acquisition and onboarding and will add to Temenos’ digital front office product.

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Manafort, Cohen cases highlight banks' vulnerability to fraud

12/12/18

Time and again, two former associates of President Trump deceived banks in connection with loan applications. Their wealth, proximity to power and willingness to tell big lies all appear to have helped them get away with brazen schemes.

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