BankThink

Is GSE capital proposal an academic exercise — or a whole lot more?

06/15/18

No plan will be implemented as long as Fannie Mae and Freddie Mac remain in conservatorship, but a capital framework for the companies could still have a substantive impact.

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CFPB leadership decision, fintech's future: Five events to watch next week

06/15/18

From a major CFPB deadline to a long-anticipated fintech report, there's a lot to watch for in the days to come.

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USAA vs. Wells, BofA's Erica, SARs relief: Top stories of the week

06/15/18

Wells Fargo on the receiving end of USAA's long-standing intellectual property threat; millions are mad about Erica, Bank of America's virtual assistant; relief may be in reach for bankers fed up with SARs; and more from this week's most-read stories.

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Activist investor ratchets up rhetoric by pressing HomeStreet to sell

06/15/18

Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio.

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Banks took wide-ranging actions to head off more sales abuses: OCC

06/15/18

The agency has provided new information about changes large and midsize banks are making in the wake of the Wells Fargo scandal, but Senate Democrats continue to press for more details.

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Citigroup to pay $100 million to 42 states in Libor probe

06/15/18

The settlement is the latest development in probes by governments around the globe into banks’ manipulation of benchmark interest rates.

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A bro-think remedy, a new crypto czar and a Facebook facepalm

06/15/18

Starling's Anne Boden and Mastercard's Ann Cairns have a similar warning for the banking and tech sectors. Facebook scolds activist investor Natasha Lamb for being "not nice." And some big Most Powerful Women moves, as Catherine Keating takes a new CEO job, and Kathie Andrade exits TIAA.

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From slow courtship to full-court press: How Cadence landed State Bank

06/15/18

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had other suitors.

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Small-business loan approvals rise as unemployment falls

06/15/18

Approval rates for small-business loan applications were up at small and larger financial institutions as the labor market continued to improve.

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Judge approves Wells' $142M settlement of fake accounts lawsuit

06/15/18

The settlement applies to customers who had accounts opened without their consent over a 15-year period beginning in May 2002.

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