BankThink

Cambridge snags first N.H. branches with Optima acquisition

12/06/18

The Massachusetts bank has offered wealth management services in the state for several years.

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Wells fires district managers; Canadian banks back away from U.S. buys

12/06/18

This may be “the first wave” of managers being held accountable for the phony accounts scandal; high prices discouraging cross-border acquisitions.

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How Waters will keep pressure on CFPB

12/05/18

Democrats on the House Financial Services Committee are expected to shine a spotlight on Trump-appointed regulators, but that light might shine brightest on one agency in particular.

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Capital One under no pressure to buy Walmart loans, CEO says

12/05/18

Amid negotiations with Synchrony Financial over the potential purchase of a $10 billion portfolio, Capital One's Richard Fairbank indicated Wednesday that he is willing to walk away.

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How can banks stay relevant in a digital world?

12/05/18

Michael Hanley, former head of digital for the World Economic Forum, and Anthony Thomson, the creator of Atom Bank, share their thoughts on the future.

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Citi sees ‘little risk’ of Mexico eliminating ATM fees, CFO says

12/05/18

CFO John Gerspach said he's not worried about legislation in Mexico to ban retail banking fees becoming law based on recent comments by the nation's president.

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CUNA Mutual buys fintech startup Mirador

12/05/18

Mirador's digital-lending platform lets banks and credit unions make decisions on loans within 24 hours.

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Add BMO Harris to list of banks aligning with auto fintechs

12/05/18

The Chicago bank's new partnership with AutoGravity mirrors others struck this year by JPMorgan Chase and U.S. Bank with providers of mobile apps that bundle the car-buying and lending processes.

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Lawmakers join opposition to SBA poultry lending plan

12/05/18

Dozens of House members and four senators agree with arguments by farmers and lenders that a proposed change to the 7(a) program would disqualify worthy borrowers.

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BofA shuffles leadership in consumer banking, wealth units

12/05/18

The company also expanded the responsibilities of Chief Administrative Officer Andrea Smith.

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