BankThink

Welcome to the world, baby. Here’s $1,000 from the bank

05/03/18

Fifth Third is helping babies born in Chicago today (Get it? 5-3) save for college. It's the kind of nontraditional marketing that branding experts say more banks should experiment with.

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John Marshall Bank taps veteran Washington banker as next CEO

05/03/18

Christopher Bergstrom led Cardinal Financial when it sold itself to United Bankshares in 2017.

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SocGen is said ready to pay up to $1 billion to end U.S. probes

05/03/18

Societe Generale is nearing an agreement to pay as much as $1 billion to resolve two U.S. probes — into the rigging of benchmark interest rates and allegations of bribery in Libya — according to people familiar with the matter.

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Keep your best people to keep pace with rivals

05/03/18

Retaining experienced and competent employees is a crucial but often overlooked strategy for improving bank performance.

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AIG earnings decline; Goldman to open bitcoin trading unit

05/03/18

MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value.

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Democratic senators urge more banks to crack down on gun sellers

05/02/18

The lawmakers are calling on banks to follow the lead of Citigroup and Bank of America in limiting their business with firearms dealers in light of recent mass shootings.

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Little-noticed reg relief measure would combat card fraud

05/02/18

The provision would make it harder for criminals who use real Social Security numbers to create fake personas and then apply for credit.

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Niche lending markets central to GreenSky's $100M IPO

05/02/18

The fintech wants to facilitate loans for elective surgeries, auto repairs and jewelry purchases, but regulatory uncertainty — at the state and federal levels — casts a cloud over its business model.

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Major structural change planned by nation's second-biggest mutual

05/02/18

Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.

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Group aims to form first new bank in Mass. in decade

05/02/18

Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year.

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