BankThink

Banc of California to take 1Q hit from large credit issue

03/16/18

The company will take a nearly $10 million hit after setting aside funds to cover a case of potential borrower fraud.

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Bear Stearns lives within JPMorgan 10 years after fire sale

03/16/18

A decade after buying Bear Stearns, JPMorgan has maintained its revenue from fixed-income trading while many rivals saw theirs slip.

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N.Y. Fed narrows Dudley successor search to 'handful' of people

03/16/18

Directors at the Federal Reserve Bank of New York said they had narrowed their search for the bank's next president to a "handful of final candidates," without naming any of those still in the running or the timetable for announcing their selection.

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Federal Reserve lowers CRA rating for New York bank

03/16/18

Financial Institutions, the parent of Five Star Bank, was hit with a "needs to improve" rating after a review of its activities from 2011 to 2013.

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Goldman pays female U.K. staff 56% less than male colleagues

03/16/18

Goldman Sachs Group Inc. pays women in the U.K. an average of 56% less than male colleagues, another stark example of the entrenched gender imbalances in the richest corners of the global economy.

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Mulvaney's revamp of CFPB should include its innovation hub

03/16/18

The Consumer Financial Protection Bureau's “Project Catalyst,” launched six years ago to help fintech companies navigate regulations, has failed to deliver.

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Hensarling taps the brakes; Who is David Solomon?

03/16/18

House Republicans want more aggressive changes to Senate’s Dodd-Frank rollback bill; papers scrutinize the heir apparent to Lloyd Blankfein.

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'Where does this conclusion come from?': Comments of the week

03/15/18

Readers opine on the prospect of regulatory relief, weigh in on the need for regulators to become more tech savvy, react to HSBC hopping back into U.S. mortgage lending and more.

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Capital One's bot likes 'The Bachelor,' and bankers shrug off Amazonophobia

03/15/18

Eno likes reality TV, says Capital One's head of artificial intelligence. Who's afraid of big, bad Amazon? Not Nandita Bakhshi. Goldman Sachs won’t be breaking any glass ceilings. Plus, a study on sexual harassment in banking.

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Spike in construction lending one likely outcome of reg relief

03/15/18

First the House and now the Senate have included provisions in their regulatory relief bills that bankers say would go a long way toward clearing up confusion over how to treat high-volatility commercial real estate loans.

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