BankThink

College students pay for spring break with student loans

03/22/18

Are American college students using their student loan dollars wisely? A LendEDU study explored how those funds are spent.

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Dimon: Data privacy 'issue is a big deal'

03/21/18

Jamie Dimon, chairman and chief executive of JPMorgan Chase, jumped into the growing debate Wednesday over how consumer data is collected and used, responding to concerns about stolen Facebook data.

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Former Mastercard chief joins Equifax board

03/21/18

Robert Selander was named an independent director of the embattled credit bureau, which is still trying to regain public confidence after a huge data breach last year.

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Rosemary Berkery, a member of UBS’ ‘Merrill mafia,’ to retire

03/21/18

Berkery, the chairman of UBS Bank USA, will be succeeded by Michael Blum. Berkery, a Merrill Lynch alum, was part of the turnaround team at UBS' wealth management unit, and during her tenure, the lending book at its bank more than doubled in size.

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Fed ‘fully prepared’ to regulate banks under $250B: Powell

03/21/18

While regulatory relief legislation would raise the asset threshold for “systemically important” banks, Federal Reserve Chairman Jerome Powell said the central bank could still apply prudential scrutiny to banks below that new cutoff.

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ABA taps former JPM lobbyist for new policy post

03/21/18

The American Bankers Association has named Naomi Camper, who spent seven years as the top lobbyist for JPMorgan Chase, as its chief policy officer.

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House GOP wants small-dollar loan bill pinned to reg relief

03/21/18

Just as promised, Republican lawmakers went to work Wednesday considering regulatory reform ideas that would go further than the Senate's tweaks of the Dodd-Frank Act.

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New wage-gap data increases pressure on banks to justify CEO pay

03/21/18

Some banks pay their leaders 200 to 300 times more than branch employees, according to recently filed corporate disclosures. The findings raise a host of questions about fairness, whether outsize pay promotes “too big to manage,” and how investors will use this new information in fights with management.

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Critics of FHLB membership rule aren’t thrilled with prospect of repeal

03/21/18

A bill to allow captive insurance companies to be reinstated as members of the Federal Home Loan Bank System appears to be dividing the FHLB community.

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‘Strong, quiet passion’: What to expect from ICBA’s new chief

03/21/18

Rebeca Romero Rainey, while known as compassionate banker and less of a firebrand than her predecessor at the trade group, will take firm stands for small banks on reg relief, innovation and fair play, say those who know her.

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