BankThink

An ally at Goldman Sachs and a payoff at BofA

07/20/18

Goldman’s next CEO pushes for more women in senior roles. Fifth Third’s program to retain new moms is working. And there’s good news and bad news at Bank of America, as it bulks up on female summer interns but pays out millions to an exec fired over sexual harassment claims.

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The hard part of reg relief is just getting started

07/20/18

The federal bank regulators are considering roughly a dozen new rulemakings in response to the bill rolling back certain sections of Dodd-Frank.

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LendingClub's new CLO, Capital One vs. Plaid, CEO's backdoor ploy: Top stories of the week

07/20/18

The online lender hires Ronnie Momen from GreenSky as its chief lending officer; aggregators back Capital One in dispute with Plaid; bank CEO who gave mortgage to Paul Manafort uses fire-and-hire maneuver to reap windfall at taxpayer expense; and more from this week's most-read stories.

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Tapping the market: Why this bank helped brew a craft beer

07/20/18

Avidia Bank in Massachusetts collaborated with Exhibit 'A' Brewing to produce and sell an IPA as part of a plan to boost marketing to small businesses and millennials.

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Banks team with fintechs to bring AI to commercial accounting

07/20/18

Citi and other banks are investing in automation aimed at speeding up the old-fashioned process for institutional clients' receivables and payables.

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Regions gets 2Q boost from capital markets

07/20/18

The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer.

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Business loans rise 6% at Citizens Financial

07/20/18

That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.

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State Street to buy investment management platform for $2.6B

07/20/18

State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.

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Fidelity in Atlanta plans major pullback in indirect auto

07/20/18

The company will no longer originate indirect auto loans outside of Florida and Georgia.

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Sterling in N.Y. bucks trend with expanded muni reach

07/20/18

The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining.

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