BankThink

Highest Loan/Deposit Ratios Among Bank Holding Companies

11/12/18

Year to date Jun. 30, 2018. Dollars in thousands.

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Leadership change step one in this bank's modernization effort

11/12/18

After bringing in a new leader and overhauling its board, Freedom Bank in northern Virginia is looking at digital upgrades and expansion into new markets to stay relevant.

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Blockchain slashes approval time on syndicated loans, BBVA says

11/12/18

BBVA, BNP Paribas and MUFG recently used BBVA's blockchain to reach an agreement within 24 hours — instead of two weeks — to lend a Spanish power company $150 million.

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Banks need to stop relying on Social Security numbers

11/12/18

SSNs are used to verify identity across the financial services industry, but use of the numbers is outdated and leaves consumers vulnerable to data breaches.

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Bank of America, Citigroup and City National: Bankers on the move

11/11/18

The industry saw some well-known executives step down from their roles or take on new ones during the past month.

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BofA faces lawsuit over use of the name Erica

11/11/18

A Colorado business owner and the second-largest U.S. bank are set to go to court this month over his intellectual property claim that he owns the service mark for an online virtual assistant named Erica. That is the same name the bank uses for its digital assistant.

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CFPB walks tightrope in effort to define ‘abusive’ practices

11/11/18

Regulators typically write rules before applying them. But the CFPB is attempting the reverse.

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Maxine Waters vows scrutiny of Trump-Deutsche Bank ties if chair

11/10/18

Democrat Maxine Waters, in line to take over the House Financial Services Committee, told colleagues she would undertake a deep dive into President Donald Trump's "money trail," beginning with ties to Deutsche Bank.

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Citi faces revenue hit if Mexico eliminates ATM fees

11/09/18

Mexico's next president wants to prohibit banks from charging ATM and other fees. That could be bad news for Citigroup and other banks with large retail networks in the country.

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Midterm fallout, Synchrony's Walmart fight, Waters' banking agenda: Top stories of the week

11/09/18

What the Democrats' House takeover means for banks; Synchrony has a lot to lose in fight with Walmart; should industry fear Waters-led banking panel?; and more from this week's most-read stories.

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