BankThink

Two lawmakers urge CFPB, FTC to keep pressure on Equifax

09/07/18

Sen. Elizabeth Warren and Rep. Elijah Cummings have called for an update on probes into the credit reporting giant a year after its massive data breach came to the light.

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'Regulatory relief = manna from heaven': Comments of the week

09/07/18

Readers debate reforms to the Community Reinvestment Act, weigh in on the fate of Fannie Mae and Freddie Mac, react to Kathy Kraninger's potential confirmation as head of the Consumer Financial Protection Bureau and more.

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This GSE plan may go nowhere, but it still matters

09/06/18

The proposal by Reps. Jeb Hensarling and John Delaney is a sign that a bipartisan consensus is building on how to move on from Fannie and Freddie.

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Fifth Third seeks to regroup after fatal shootings at its HQ branch

09/06/18

A horrific tragedy unfolded at Fifth Third's main building in downtown Cincinnati, when a man opened fire on bystanders in and around the lobby-level branch. Three were killed, and the gunman died in a shootout with police.

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Credit unions go on offense with plan to revive Glass-Steagall

09/06/18

Credit unions historically have focused on laws that directly pertain to them, but in a break with that tradition, NAFCU is calling on Congress to re-introduce efforts to break up big banks.

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VCs sour to ICOs as the SEC takes notice

09/06/18

Initial coin offerings have become controversial enough for the SEC to weigh in. And even though the commission has not announced a clear stance, technology investors are noticing a difference in its actions.

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Should strip clubs still be on banks' blacklist?

09/06/18

Club owners used to be able to get bank loans, but that changed as the de-risking wave reshaped banks' relationships with pot firms, exotic dancers and many others. Whether the taboo can or should last becomes a big question as adult entertainment keeps growing.

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Are fintechs a systemic risk?

09/06/18

Concentration risk, threats to data privacy and the potential for discrimination are among the unintended consequences of letting fintechs and tech giants dabble in financial services without bank-like regulation, an expert says.

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Citigroup promotes Dickson, Falco in investment banking revamp

09/06/18

Citigroup promoted bankers Tyler Dickson and Manolo Falco to run a reconstructed version of its investment banking operations.

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Nobody's Home: A new podcast exploring the other housing crisis

09/06/18

There's a problem in America. Homes are decaying all over the country, even as affordable housing is becoming more scarce. Can we rebuild these communities before it's too late? A trailer introducing a special ten-part podcast series by American Banker.

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