BankThink

Citizens makes big mortgage move with $500M acquisition

05/31/18

The Rhode Island regional agreed to buy Franklin American Mortgage in a deal that will give it one of the nation's 15 largest bank-owned mortgage platforms.

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Deutsche Bank CEO says firm is committed to U.S. amid 'rumors'

05/30/18

Deutsche Bank Chief Executive Officer Christian Sewing said the lender is committed to the U.S., seeking to dispel "rumors" to the contrary as the firm cuts back in some businesses there.

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Wells Fargo fake account holders to get 'imperfect' closure

05/30/18

Wells Fargo customers who didn't consent to having 3.5 million accounts created by bankers trying to hit sales quotas are finally getting what a judge called "rough justice."

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How Capital One sees digital identity as a business opportunity

05/30/18

With the acquisition of Confyrm, the bank is among the few players that are putting themselves in position to sell ID authentication services to other businesses.

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Volcker Rule gets a facelift: Here are 5 takeaways

05/30/18

Compliance changes proposed by the Fed would likely please banks, but reactions to the plan from past and current policymakers have been wildly different.

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Tech spending: Hard sell, must sell

05/30/18

Whether they’re thwarting cyber thieves or building out new apps, bank chiefs say hefty tech investments are now a cost of doing business — but they have to convince shareholders.

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No, regulators did not gut the Volcker Rule

05/30/18

The proposal to ease compliance with the Volcker Rule was portrayed as a rollback of the Dodd-Frank ban on proprietary trading. But it wasn't — here's why.

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Look out Ally, Santander Consumer: Here comes Fiat Chrysler

05/30/18

Fiat Chrysler is expected to announce Friday that it will establish its own captive finance unit in the U.S. The move could be bad news for its lending partners.

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Don’t call it a comeback: Commercial lending’s ho-hum rebound

05/30/18

The numbers are better but still disappointing for such a healthy economy, lamented executives from large U.S. banks. Some are scratching their heads, some are remaining upbeat about the second half of the year, and others are focusing on Plan B.

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Volcker 2.0 gives banks with limited trading a break

05/30/18

Proposal to revamp 2013 rule appears to home in on larger banks with higher trading volume and ease the requirements for others.

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