BankThink

For housing market, tax reform is a wrench in the works

01/04/18

The recently enacted tax reform bill is likely to encourage more consumers to rent instead of buy and tamp down on the rapid rise in home prices.

[more]

Tech threatens to further commoditize banking, First Horizon chief warns

01/04/18

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy.

[more]

Ex-regulator, cybersecurity expert join PNC board

01/04/18

In adding Martin Pfinsgraff, until recently the OCC's deputy comptroller for large-bank supervision, and retired Air Force Brig. Gen. Linda Medler, a cybersecurity expert, the regional bank says it is trying to build a board with expertise in fields of timely interest.

[more]

Don’t forget your top performers during times of change

01/04/18

Banks are working hard to reshape their businesses to meet new demands, but leaders must be careful not to alienate their best workers in the process.

[more]

Can blockchain technology revive peer-to-peer lending?

01/04/18

The people-helping-people model proffered by LendingClub and others quickly foundered, but several startups aim to bring it back with the help of distributed ledger technology.

[more]

MoneyLion, a personal finance startup, raises $42M

01/04/18

The New York company, which offers loans and provides personal finance advice, plans to expand its product line and invest in new technology with the funds.

[more]

Trump administration must back CFPB action against PHH, top Democrat says

01/04/18

Sen. Sherrod Brown called on the Trump administration to support the Consumer Financial Protection Bureau's enforcement action against PHH Corp., which agreed to a $45 million settlement this week related to foreclosure abuses.

[more]

Horizon in Ind. taps veteran executive as its president

01/04/18

James Neff, who joined the company in 1999, gained oversight of retail banking with the promotion.

[more]

Banner in Wash. delays looming Durbin amendment hit

01/04/18

The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees.

[more]

Dodd-Frank is here to stay

01/04/18

The banking industry braced for big changes with the election of President Trump, but the financial reform law has proven its staying power over the past year.

[more]