BankThink

Community Banker of the Year: Sound Financial's Laurie Stewart

11/29/18

Her guidance of a former credit union through the crisis and into a profitable bank, her advocacy for reg relief and other industry priorities, and her vocal support of women seeking to knock down many of the same workplace barriers she faced make her one of our Best in Banking honorees.

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'Can anyone say recipe for disaster?': Comments of the week

11/29/18

Readers weigh in on consumers taking on more debt, President Trump's criticism of the Federal Reserve and Zions CEO Harris Simmons as Banker of the Year.

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Are more banks tangled up in Danske money-laundering scandal?

11/29/18

Danish lawmakers say that the probe currently focused on Danske Bank should be expanded to include more firms.

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Small banks warned not to over-rely on fintech partnerships

11/29/18

Building alliances with startups is the most affordable route for community banks that want to offer innovative services, but industry officials cautioned that they must be balanced with smart internal investments, too.

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Ease banks’ AML reporting burden? FBI, Fincen say not so fast

11/29/18

As Congress weighs Bank Secrecy Act reforms, some worry that reducing suspicious transaction filings would be a gift to criminals.

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Investment company to buy Calif. community bank

11/29/18

Faciam Holdings will pay nearly $68 million for Summit Bancshares.

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Senate vote puts Kraninger step closer to leading CFPB

11/29/18

A motion to limit debate on the nominee to run the consumer bureau passed along strictly party lines, setting the stage for her to be confirmed as early as next week.

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Trump can't fire Jerome Powell. Will he try anyway?

11/29/18

The president’s escalating criticism of the central bank might be bluster. But it raises questions about how far he might go and what would happen if he tried to act.

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Bank that lent Manafort millions makes claim on his pricey real estate

11/29/18

The Federal Savings Bank is trying to persuade a judge to look beyond its CEO's alleged complicity in a fraud perpetrated by President Trump's former campaign chair.

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Hensarling urges Senate action on JOBS Act 3.0

11/29/18

The House Financial Services Committee chairman said "so far, the United States Senate has done nothing on a bill that passed" the House with over 400 votes.

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