BankThink

Mulvaney response to CFPB data security gaps baffles cyber experts

04/23/18

The agency's acting chief said hundreds of data breaches justified a halt on collecting information from firms, but experts question that logic.

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Bank of Hawaii's 1Q profit climbs despite steep drop in fees

04/23/18

The $17 billion-asset Bank of Hawaii reported higher profits on rising interest income, even as it saw yearly declines in mortgage banking and deposit fee income, as well as losses on investment securities.

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Spinoff rumors or not, JPM's blockchain unit is evolving

04/23/18

JPMorgan Chase is sending signals that its homegrown blockchain, Quorum, is alive and well despite a recent shake-up.

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Bankers can't be too cautious with crypto

04/23/18

Financial institutions engaged in virtual currency markets face a number of risks — proceeding carefully is justified.

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RBB Bancorp deal provides access to Chinese-Americans in N.Y.

04/23/18

The California company, which also focuses on Asian-Americans, agreed to buy First American International.

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Equipment financing, wider margin drive TCF's 1Q profit

04/23/18

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company.

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AML deadline is Wells’ next concern; Is Zelle a target?

04/23/18

The bank faces June 15 AML compliance deadline; the features that make Zelle popular with customers entice thieves.

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Citi rethinks tech branches and Santander’s blockchain first

04/20/18

Citibank finds people need people (at least in a branch). Santander launches a new consumer app, which makes money transfers using blockchain technology. JPMorgan Chase can be an intimidating partner for fintech startups. Plus, Elizabeth Warren’s new mission.

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Wells Fargo woes, Ally departure and Fine exit: Top stories of the week

04/20/18

The issues at Wells Fargo extend beyond the fines; Ally Financial's auto finance chief departs; ICBA chief Cam Fine signs off; and more from this week's most-read stories.

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Consumer credit eases pain of business lending slump

04/20/18

After nearly two years of sputtering commercial loan growth, regional bankers are counting more than ever on expanding their portfolios of personal loans and other types of consumer credit.

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