BankThink

First US Bancshares to enter Virginia with latest acquisition

04/17/18

The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets.

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Commercial lending rises 16% at Wintrust

04/17/18

The Rosemont, Ill., bank rode loan growth, interest rate trends and noninterest-income gains to a double-digit increase in profits in the first quarter.

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Scrapping CFPB auto lending rule would only lead to more discrimination

04/17/18

Lawmakers should not toss out an agency rule aimed at curbing auto dealer markups that adversely impact borrowers of color.

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Wider margin, cost cuts make up for weak loan growth at Comerica

04/17/18

Profits soared at the Dallas bank as recent interest rate hikes and ongoing expense cuts outweighed weakness in the company’s loan book and in its fee income.

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Quarles wants bank input on stress tests; Banks lending again

04/17/18

Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March.

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Banking veteran to become executive chairman of Colo. fintech firm

04/17/18

Chris Marshall, a former CFO at Capital Bank Financial, will help Tax Guard recruit bank and nonbank clients. The firm uses technology to let lenders know if potential clients owe money to the IRS.

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Fed weighs more transparency, less subjectivity for stress tests: Quarles

04/16/18

The Federal Reserve is considering allowing banks a chance to comment on stress tests before they take them and dropping any qualitative review for the largest banks’ performance, according to Randal Quarles, the central bank’s vice chairman for banking supervision.

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Will the regulators speak with one voice on CRA reform?

04/16/18

The Office of the Comptroller of the Currency has been leading the charge on revamping the Community Reinvestment Act, but a big unknown is whether the other two regulators charged with carrying out the law are committed to moving ahead as swiftly on a reform plan.

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Consumer groups oppose Senate repeal of CFPB auto lending rules

04/16/18

Sixty-four consumer groups are speaking out against a Senate measure, expected to be voted on this week, that would overturn the Consumer Financial Protection Bureau's 2013 regulation on discriminatory pricing by auto lenders.

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Barclays is said to be sounding out clients about trading crypto

04/16/18

Barclays has been gauging clients' interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs in pioneering a new business on Wall Street, according to people with knowledge of the matter.

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