BankThink

Lenders retreat from subprime consumer credit as losses mount

05/17/18

The post-recession boom in auto loans and credit cards for borrowers with marred credit histories has been winding down in recent months.

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Senate to vote next week on Trump pick for FDIC

05/17/18

Jelena McWilliams is expected to be easily approved by the full Senate when her nomination as FDIC chair comes up for a vote.

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Why banks need to become open marketplaces

05/17/18

Banks need to curate and bring many financial services to their customers, says Chris Skinner, author of the new book Digital Human.

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Wells Fargo's latest snafu renews a question: Can an insider fix the bank?

05/17/18

News that Wells commercial banking employees improperly altered client documents will likely embolden the most vocal critics of CEO Tim Sloan, who they say can't seem to resolve Wells' lingering problems.

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Va. bank raises $39M after two years of significant loan growth

05/17/18

Total loans at Old Dominion National Bank have tripled since 2016.

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Yodlee’s data ambitions grow with AI tools and millennial apps

05/17/18

Envestnet's aggregator rolls out PFM features meant to appeal to younger clients — and links to Alexa.

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QM revamp could mean separate rule books for banks, internet lenders

05/17/18

Mick Mulvaney’s recent comments about the CFPB Qualified Mortgage rule have triggered a debate over whether regulators should take into account more than one underwriting model.

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Former Southwest Bancorp execs planning bank in Oklahoma City

05/17/18

Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.

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Zelle founder Paul Finch to step down

05/17/18

"It was a difficult decision, but we’re at a good spot to do this,” Finch, 55, said in an interview.

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Hensarling is steadfast: Senate bill not the end of financial reforms

05/17/18

The soon-to-be-retiring chair of the House Financial Services Committee said Senate leaders have made a "commitment" to consider more changes.

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