BankThink

U.S. banks seen boosting payouts $30 billion after stress tests

06/19/18

Among the six biggest U.S. banks, Bank of America might see one of the steepest jumps in payouts. Wells Fargo is the wild card.

[more]

Dems suggest CFPB nominee had role in ‘zero-tolerance’ border policy

06/19/18

Sens. Elizabeth Warren and Sherrod Brown sought details on whether an OMB official was involved in the policy of separating children from their parents.

[more]

Wells Fargo is weighing changes to wealth unit amid cost-cutting

06/19/18

Wells Fargo is considering restructuring its wealth management business as the bank pushes for $4 billion in cost cuts by the end of next year.

[more]

Breaking Banks: Speeding up the last mile

06/19/18

JP Nicols and Jason Henrichs discuss making apps and branches more productive, with Michelle Tinsley of Tinsley Retail Insights and Mike Laven of Currencycloud.

[more]

People's United lines up first bank deal since SIFI threshold was raised

06/19/18

The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.

[more]

Mexico's biggest bank BBVA proposes Nafta negotiator as chairman

06/19/18

At a time when Donald Trump is threatening to withdraw from Nafta after labeling it the worst trade deal ever, Mexico's biggest bank is tapping one of its original negotiators to become its next chairman.

[more]

Online consumer lender MoneyLion hires Stifel exec for banking push

06/19/18

The 5-year-old company, which is seeking to rebundle consumer finance on the mobile phone, has named Jon Stevenson head of banking and wealth management.

[more]

The 'tyranny of success'; Wells to revamp wealth unit

06/19/18

Morgan Stanley CEO, New York Fed chief caution against failing to remember what caused the financial crisis; Wells Fargo may combine its two big wealth management businesses.

[more]

Why banks’ biggest risk factor may be employees who don’t speak up

06/18/18

Senior leaders may say that they want to hear bad news, but that doesn’t mean lower-level employees are eager to share it with them.

[more]

They liked this digital banking company so much, they bought it

06/18/18

Three years ago the core provider Finastra sought the help of Malauzai to meet customers' cutting-edge technology demands. This week, it bought the software maker.

[more]