BankThink

5 items on OCC chief's reg relief to-do list

04/09/18

Comptroller of the Currency Joseph Otting laid out an ambitious regulatory reform agenda Monday, telling a group of community bankers that he is committed to CRA upgrades, new flexibility in BSA compliance and other measures.

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What the government gets wrong about fair lending

04/09/18

Loosening lending standards can actually increase the odds that banks get sued for discrimination.

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Deutsche Bank solves one crisis with new CEO. Now on to the next.

04/09/18

The appointment of Christian Sewing as Deutsche Bank's chief executive officer to replace an embattled John Cryan after less than three years — and three turnaround plans — answered just one of the questions hanging over the struggling institution.

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SoFi names longtime Goldman Sachs exec Michelle Gill as next CFO

04/09/18

Gill, who spent 14 years at Goldman, will fill a role that has been vacant since last summer at SoFi.

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Credit unions are buying more banks. Get used to it.

04/09/18

Four banks have agreed to be sold to credit unions this year. Expect more deals between the longtime nemeses because the smallest banks are of less interest to other banks than they used to be, and some credit unions are in growth mode.

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Minneapolis Fed's TBTF plan has some GSE-sized holes

04/09/18

The reserve bank's proposal to address banks and nonbanks that remain "too big to fail" does not include two of the largest such institutions: Fannie Mae and Freddie Mac.

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Deutsche ousts CEO; Banks battle for retail deposits

04/09/18

Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season.

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Amid hurricane recovery, Popular rebrands itself

04/09/18

It’s still not business as usual, but the decision to unify its two brands — Popular Community Bank on the U.S. mainland, Banco Popular in the U.S. territories — under a single, simpler name is a welcome sign that Puerto Rico’s largest bank is moving forward after the devastation of Hurricane Maria.

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Bank M&A hot spots

04/08/18

While industry consolidation picked up in 2017, certain regions did better than others, with strong volume and improved pricing. Here’s a look at each region.

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Regulatory bar for megabanks will ‘remain very high’: Fed's Powell

04/06/18

With the largest banks remaining profitable and globally competitive, Federal Reserve Chairman Jerome Powell said he has not yet heard a compelling case for giving them substantial regulatory relief.

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