BankThink

Taking aim at bitcoin; CFPB delays prepaid card rule

01/26/18

Several banks won’t process cybercurrency transactions while others are reviewing their policies; agency promises flexibility to lenders.

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‘Is anyone [in] this Administration clean?’: Comments of the week

01/25/18

Readers weigh in on how Mick Mulvaney is remaking the Consumer Financial Protection Bureau, chime in on JPMorgan’s plans to roll out more branches, react to fee income trends and more.

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One-time charges overshadow higher revenue at Iberiabank

01/25/18

The Louisiana company recorded charges tied to recently passed tax reform and the purchase of Sabadell United Bank.

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SVB's profits jump on stronger venture lending, wider margins

01/25/18

Earnings at the Santa Clara, Calif., company were boosted by a 16% increase in lending, as well as gains on the company's investments in Roku.

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Cordray's rebuttal to CFPB's Mulvaney: I also read Thomas More

01/25/18

Mick Mulvaney and Richard Cordray set themselves apart from the run-of-the-mill Beltway bashing of late when their war of words over the CFPB went positively bookish.

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C&I, multifamily drive 4Q loan growth at Investors Bancorp

01/25/18

Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset.

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Otting defends OCC's steps to improve supervision post-Wells scandal

01/25/18

Comptroller of the Currency Joseph Otting on Thursday again took issue with Senate Democrats over their concerns about the pace of internal supervisory changes.

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Will Dodd-Frank reform get entangled in shutdown politics?

01/25/18

Analysts believe a bipartisan coalition supporting limited regulatory relief will hold, but the toxic political environment and more looming budget battles to come could obstruct the banking bill's path.

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JPMorgan customers livid over online outages

01/25/18

The bank tweeted that its website and mobile app were down, but bank customers report system problems at some branches as well.

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Not-so-friendly competition: Discover CEO bashes online lenders

01/25/18

David Nelms said that many digital lenders do not understand how to underwrite personal loans properly, and he took a dig at their lack of profitability. The upstarts say their industry's ability to attract capital speaks for itself.

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