BankThink

Mary Meeker's audacious goal, Wells Fargo's gender drama and Goldman's new partners

11/14/18

Wells Fargo explains to the "girls" that there really is no gender bias, but that guy is retiring, OK? Rana Yared is one of Goldman Sachs' 18 new female partners. And Mary Meeker sets a huge target for the venture capital firm she'll create to invest in tech startups.

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Can an exec from Amazon reboot Simple?

11/14/18

The online-only bank hopes new leadership can help it overcome its rocky past three years.

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FDIC’s rate caps threaten efforts to serve the underbanked

11/14/18

The agency’s flawed methodology for determining interest rate caps on certain accounts poses risks for banks offering free, low-deposit checking and the financial system more broadly.

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Goldman on the hot seat; lending standards flat or easing

11/14/18

Will prosecutors believe a rogue banker was behind Malaysia fraud?; banks that changed standards in Q3 were more likely to ease underwriting.

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BancorpSouth to buy banks in Alabama, Texas

11/14/18

The Mississippi bank will pay up to $100 million to expand in southwest Alabama and Dallas.

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Acquisition to give Simmons First big boost in St. Louis

11/14/18

The Arkansas company will pay $170 million to buy Reliance Bancshares.

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Prosper branches out, shifts strategy as it launches second product

11/14/18

The online lender will roll out its first new product in 12 years, a home equity line of credit. But it's taking a different approach than with its original offering.

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Big-bank breakups, postal lending and more: 2020 Dem hopefuls' financial agendas

11/13/18

The already long list of potential challengers to President Trump in 2020 includes policymakers with a deep record on banking issues and those whose financial services views are a relative mystery.

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Brown defends CFPB independence, calls for focus on small-town issues

11/13/18

As he weighs a possible presidential bid, Sen. Sherrod Brown, D-Ohio, touched on a likely campaign theme Tuesday, saying both political parties have done a poor job dealing with rural concerns.

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SVB Financial to buy Boston investment bank

11/13/18

The California company will pay $280 million to buy Leerink Holdings, which focuses on health care and life sciences firms.

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