BankThink

Regulators may provide relief to banks above $250B of assets: Fed's Quarles

10/01/18

Fed Vice Chairman of Supervision Randal Quarles said in written tstimony that the central bank plans to move quickly to determine how to regulate banks between $100 billion and $250 billion of assets, and that it may provide also relief for banks over the $250 billion threshold.

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Lawmakers seek more covered funds exclusions as part of Volcker changes

10/01/18

Seven Republican senators urged regulators on Monday to consider additional changes to the Volcker Rule's "covered funds" definition.

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CFPB official tries to defuse furor over his ‘provocative’ writings

10/01/18

Eric Blankenstein, a political appointee overseeing fair-lending policy at the agency, said in an email to staff that his blog posts from 14 years ago that used a racial epithet “reflected poor judgment.”

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Bridge in N.Y. to take 3Q hit after alleged customer fraud

10/01/18

The company will record a quarterly charge after reporting potential fraud tied to commercial deposit accounts.

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Lisa Stevens, key figure in Wells Fargo saga, is out

10/01/18

Stevens will step down this month as head of the Western region, which had been cited for widespread customer-integrity violations. However, she had been credited with raising concerns about aggressive sales practices.

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How working with Freddie could boost one bank's profit

10/01/18

First Foundation sold loans to Freddie Mac to free up space for higher-yielding credits. It then bought the securities that were formed to replace other, lower-yielding assets through an often overlooked program.

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Small lenders more likely to use 'relationship' factors: FDIC survey

10/01/18

The agency found that banks with less than $10 billion in assets were more prone than larger lenders to go beyond using standard criteria in evaluating borrowers.

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Do you omnichannel? Some customers insist on it

10/01/18

Financial firms must follow customers from mobile devices to desktop and back without missing a beat.

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Three laws signed by California governor will hit lenders

10/01/18

Among the three measures is a requirement for boards of publicly traded firms to include more women.

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Who's new in the Most Powerful Women ranking for 2018

10/01/18

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here's an overview of the changes, along with a recap of the top team winners. Plus, #MeToo plays out on Capitol Hill, as Mel Watt and Brett Kavanaugh get congressional hearings, and Murphy Brown returns.

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