BankThink

Fed frees Flagstar from crisis-era regulatory order

08/17/18

The Michigan company had been operating under the supervisory agreement since 2010.

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Mentees are BMO Harris' latest fintech partners

08/17/18

The bank is working with SpringFour and Genivity, two graduates of its mentorship program, and plans more such partnerships.

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FDIC needs a state regulator on its board

08/17/18

Although it’s required to by law, the Federal Deposit Insurance Corp. has not had an independent director with state bank supervisory experience since 2012. It’s time for that to change.

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Codorus Valley hires veteran Pa. banker to lead its bank

08/17/18

Craig Kauffman had been a regional executive for Susquehanna Bancshares and BB&T.

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MidSouth in Louisiana pressed to sell itself

08/17/18

Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting.

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Hackers hit ATMs; Santander Holdings progresses

08/17/18

Thieves stole more than $13 million from an Indian bank just days after an FBI warning; Fed’s special oversight restrictions from 2015 lifted.

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'Wash out the executive suite': Comments of the week

08/17/18

Readers respond to how the industry is donating ahead of the midterms, weigh in on a push to apply CRA-like standards to fintechs, react to a controversial decision by a California court and more.

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House Democrat calls for hearing on banks' citizenship requirements

08/16/18

Rep. Emanuel Cleaver, D-Mo., says he is concerned that banks are freezing accounts of customers if they aren't providing citizenship information.

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Can this tech make banks better at spotting money launderers?

08/16/18

IBM claims that by monitoring customer behavior first and foremost, banks can make suspicious activity reporting far more accurate.

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FHA revises loss mitigation options for hurricane victims

08/16/18

The new policy, meant to assist borrowers in Puerto Rico and the U.S. Virgin Islands, will let servicers evaluate borrowers using pre-disaster payment information.

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