BankThink

Tiny Kansas bank bets big on fintech

02/27/18

While the $632 million-asset nbkc bank was the smallest known participant in the recent round of funding for Greenlight, the investment wasn't its first foray into fintech.

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Bank profits plummet 41% on tax reform law: FDIC report

02/27/18

The quarterly earnings decline from a year earlier was largely due to a one-time hit to the value of banks’ deferred tax assets, according to the agency’s Quarterly Banking Profile.

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Overstock robo-adviser focuses on group others too often neglect

02/27/18

The retailer's foray into wealth management is a wake-up call for an industry that often overlooks female investors.

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CVB adding scale in Southern California with deal for Pasadena bank

02/27/18

The company will also surpass $10 billion in assets when it buys Community Bank.

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Reports of Libor’s demise have been greatly exaggerated

02/27/18

Timothy Bowler, president of the ICE Benchmark Administration, which has been responsible for calculating the index since mid-2013, argues that there is a strong case for keeping it going.

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B of A to open branches in Ohio; MetLife pension exec to retire

02/27/18

The bank will serve the state’s three largest cities; the head of the unit that failed to pay retirement benefits to 13,500 people is leaving March 1.

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Citizens defends AML controls amid questions about ties to Manafort, Russian meddling

02/26/18

Shares of the Providence, R.I., company plunged Monday, following a news report that it faces possible legal risks from the latest charges filed against Paul Manafort, the former campaign manager for President Trump.

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Credit union execs endorse CFPB changes in Trump meeting

02/26/18

Credit union executives talked up a pending regulatory relief effort while endorsing a radical shift in direction by the Consumer Financial Protection Bureau during a meeting with President Trump and other top White House officials on Monday.

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SoFi's new CEO says bank charter remains an option

02/26/18

In an interview during his first day on the job, Anthony Noto also spoke about improving the firm's culture and the prospects for an IPO.

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'We are not looking to relax regulation': Fed's Quarles

02/26/18

The Federal Reserve Board's vice chairman for supervision said he did not foresee the agency’s regulatory review as significantly reducing capital levels.

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