BankThink

Botnets increasingly prey on small banks and credit unions

09/20/18

Every month, from January to April of this year, there were roughly 3.2 billion attacks perpetrated by malicious code that infiltrated business' networks. Representatives of smaller financial institutions disputed the notion that they are one of the weak links in the chain.

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Wells Fargo chair says Sloan has board's 'unanimous support'

09/20/18

In response to a news report, Betsy Duke said Thursday that the board has not reached out to potential CEO candidates.

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Why reg relief is moving in the right direction

09/20/18

Policymakers have begun taking positive steps to update and improve existing regulations, though there’s still a lot more work to be done.

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Danske airs dirty laundry; Simon spinoff

09/20/18

The Danish bank updates amount laundered; Goldman near deal for its Simon app.

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‘What’s needed is a wholesale change in the culture’

09/20/18

Bruce Cahan, a lecturer at Stanford University who teaches ethics, explains the link between ethical principles and profitability for financial services firms.

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Trump to name former central bank economist Nellie Liang to Fed board

09/20/18

Liang is currently a senior fellow at the Brookings Institution in Washington and previously led a Fed board division in charge of financial stability policy and research.

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Fannie executive departs to join digital currency exchange

09/19/18

Brian Brooks, the mortgage giant's general counsel, is leaving this week to head the legal team at Coinbase.

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Massachusetts bank to have first new CEO in two decades

09/19/18

Edward Doherty is set to succeed Janice Houghton when she retires in November.

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Is Wells Fargo looking for Tim Sloan’s replacement?

09/19/18

The New York Post reported Wednesday that Wells Fargo board members met with Trump White House alum Gary Cohn about becoming the bank's next CEO, but were rebuffed. Here's what to conclude from the article.

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Data breach bill is really a fight about federal preemption

09/19/18

State regulators and advocacy groups say a federal breach notification standard could supersede state laws that already benefit consumers.

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