BankThink

Bank reputations hit, SCOTUS card ruling, fintech caution in Calif.: Top stories of the week

06/29/18

Bank reputations fall for the first time in five years, according to our 2018 survey; tallying the scorecard after the Supreme Court's credit card ruling; 10 questions for California bank commissioner; and more from this week's most-read stories.

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California BanCorp to target lawyers and accountants with new division

06/29/18

The Oakland company has hired Colleen Atkinson, a former manager at HSBC, to oversee its new professional banking business line.

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What’s behind the slowdown in CRE lending

06/29/18

Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why.

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Signature could relate to its clients' tech troubles. Now it's their consultant.

06/29/18

The Illinois commercial bank gained a new role when it realized it shared the same digital transformation challenges as its customers.

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Student loan servicing giant seeks industrial bank charter

06/29/18

Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans.

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Branch overhaul? Banks head to the mall for inspiration

06/29/18

As branches evolve to become more education-oriented, banks are taking their cues from retailers, hotels and other service sectors.

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Otting should strengthen, not weaken, CRA

06/29/18

The comptroller of the currency has tiptoed around the issue of discrimination even though he wants to overhaul a key fair-lending law.

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What happens to CFPB if Mulvaney gets picked as Trump's chief of staff?

06/29/18

There is yet more drama surrounding leadership of the CFPB as President Trump reportedly considers promoting Mick Mulvaney to White House chief of staff.

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Citi forced to pay $335M refund on card malfunction, but no CFPB fine

06/29/18

The Consumer Financial Protection Bureau said it did not issue an additional penalty because Citibank self-reported that it failed to reduce interest charges for 1.75 million credit card customers.

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Fintechs’ vulnerability apparent in Capital One data-access flap

06/29/18

Whatever the reason that Plaid, a prominent data aggregator, can no longer access data from Capital One, the situation demonstrates how fragile fintechs are when they lose banking access.

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