BankThink

Renaud Laplanche's journey from scandal to second act

08/29/18

The LendingClub founder responded to being booted from his company by starting a new one with involvement from former investors — and a loan buyer he had supposedly wronged.

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Citi among banks winning dismissal of bond-rigging suit

08/29/18

Nine of the world's biggest banks won dismissal of a lawsuit accusing them of conspiring to rig bonds issued by government entities and institutions like the World Bank, after a federal judge said the investors who sued didn't show how the alleged collusion led to higher prices for the securities.

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Fight over unpopular fair-lending standard rages long after court case

08/29/18

The Supreme Court upheld using “disparate impact” over three years ago. But with HUD weighing a policy change, banks and advocacy groups are still at odds over the court decision.

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Dear regulators: Don’t loosen megabank capital standards

08/29/18

The country’s largest banks, and even some lawmakers, are calling on the banking agencies to roll back requirements imposed after the financial crisis. But that puts the economy at grave risk.

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Bank acquisition in Houston stalls after investors fail to approve it

08/29/18

SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial.

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Banks hail CRA reform; Fighting identity theft of minors

08/29/18

OCC proposal would broaden the types of loans that would count toward CRA obligations; new law helps parents freeze accounts of minors.

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Good prices or good service: What hooks online-only banking customers?

08/28/18

Digital banks dispute the notion that they can skimp on customer service because millennials are only shopping for low fees and high savings rates.

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After bruising reg relief fight, Heitkamp is fighting to keep her seat

08/28/18

The North Dakota Democrat bucked members of her own party in pushing for a bill reforming Dodd-Frank. She faces another uphill battle in November.

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Senate confirms Clarida to Fed, two others remain in limbo

08/28/18

The Senate approved Richard Clarida as vice chairman of the Federal Reserve on Tuesday, while two other central bank nominees still await a vote.

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Fed implements reg relief measure for small holding companies

08/28/18

The new rule will raise the asset threshold for firms eligible for the Small Bank Holding Company and Savings and Loan Holding Company Policy Statement.

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