BankThink

AML software vendor ThetaRay raises $30 million

07/06/18

The fundraising is a sign of the rise in the anti-money-laundering market, which is expected to reach $4.26 trillion worldwide in less than a decade.

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JPMorgan denies report it's considering Deutsche Bank stake

07/06/18

JPMorgan Chase denied a report in the German magazine WirtschaftsWoche that it's interested in acquiring a stake in Deutsche Bank, after the lender's share price slumped.

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Credit Suisse settles nepotism charges; JPM broaches Brexit

07/06/18

The Swiss bank allegedly hired Chinese officials’ friends and relatives to win business; JPM asked “several dozen” employees to consider moving from London.

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Capital One taps U.S. card executive to lead Canadian operations

07/06/18

Jennifer Jackson will succeed Shane Holdaway as head of the Toronto-based unit, which has 1,200 employees.

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'Stop the casinos called banks': Comments of the week

07/06/18

Readers weigh in on inequality in financial services, opine on falling bank reputations, chime in on the evolving role of the chief risk officer and more.

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What kind of bank does the gig economy want?

07/05/18

Founders of the startup digital bank Cogni say they have the formula for reaching Uber drivers and the like, but observers warn it's a group that won't be easily won over.

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All eyes will be on C&I in banks' 2Q results

07/05/18

There are signs that commercial loan demand finally picked up in the second quarter, but banks still face some obstacles.

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CFPB set to issue HMDA guidance this summer

07/05/18

The agency will advise lenders on how to obtain partial exemptions from Home Mortgage Disclosure Act requirements that Congress adopted this spring.

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Square quietly withdraws bank application

07/05/18

The payments processor has pulled its submission to the FDIC to become a depository bank but says it plans to make a second attempt soon.

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JPMorgan asks 'several dozen' bankers to relocate in Brexit plan

07/05/18

JPMorgan Chase, which employs about 10,000 people in London, has asked "several dozen" employees to relocate across the European Union before the U.K. formally leaves the bloc in March next year.

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