BankThink

Bridgewater Bancshares in Minn. sets stage for IPO

02/20/18

The company could use proceeds from the planned offering to add branches and make bigger loans.

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Gulliver era at HSBC ends with earnings miss

02/20/18

Stuart Gulliver’s final set of results at HSBC Holdings Plc weren’t quite the swansong he’d hoped for as he hands the reins over to his long-term lieutenant, John Flint.

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A solution to California’s pot-banking problem: Its own central bank

02/20/18

The effort would help the state support its burgeoning cannabis industry without interference from federal financial regulators.

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Big five CEOs clean up; More cuts at Deutsche Bank

02/20/18

Average pay among big bank chiefs last year rose 17% to $25.3 million; bank may let go up to 500 bankers and traders in latest restructuring.

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Bank IT just keeps getting harder

02/19/18

Bank information technology departments are tasked with making sure their institutions modernize and remain competitive. But their mission brings a host of technical and cost challenges that often stand in the way of innovation.

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JPMorgan whistle-blowing case said to spur $30M award

02/16/18

The CFTC will pay the award for tips received from one person in the case, in which the bank didn’t properly disclose that it was steering asset management customers into investments that would be profitable for the bank.

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Can this data security bill succeed where others failed?

02/16/18

A bipartisan bill to establish a federal security framework follows a string of efforts beset by congressional turf battles.

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This old-school method for foiling card fraud has stood test of time

02/16/18

The card activation process is relatively low-tech, but since its introduction nearly three decades ago it has been hugely effective in preventing credit cards from falling into the wrong hands. Among its pioneers was Ash Gupta, American Express’s president of global credit risk, who is retiring next month.

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U.S. Bank's big AML fine, Mulvaney in hot seat, future of payments: Top stories of the week

02/16/18

U.S. Bank's $600 million fine for AML lapses quickly drew readers attention, while acting CFPB Director Mick Mulvaney got the Cordray treatment on Capitol Hill and big banks made moves to speed real-time payments.

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Dems demand fair-lending docs from CFPB's Mulvaney

02/16/18

Democratic lawmakers are objecting to acting CFPB Director Mick Mulvaney's decision to strip the fair-lending office of enforcement powers.

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