BankThink

Dime in N.Y. adds former GreenPoint executive to its board

01/02/18

Kevin Stein, who runs a private equity firm, has also supervised banking groups at Barclays and FBR Capital Markets.

[more]

Ant's MoneyGram deal dies under Trump's regulatory posture

01/02/18

After a year of trying to appease U.S. regulators, Ant Financial and MoneyGram have terminated their merger agreement, challenging the Chinese company's strategy for global expansion.

[more]

Hatch retirement paves way for makeover atop banking panel

01/02/18

The announcement Tuesday by Sen. Orrin Hatch that he will retire at the end of the year could have a ripple effect throughout the Senate, including the leadership of the Banking Committee.

[more]

Banc of California chief says tough choices will bear fruit

01/02/18

Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state.

[more]

Could blockchains replace banks in real estate lending?

01/02/18

Startups that have developed blockchains for real estate finance are starting to conduct a broader array of transactions, including property sales. Banks can either try to incorporate the technology into their businesses or risk being displaced by it.

[more]

Trio of regional banks latest to hike pay after tax reform

01/02/18

Three additional banks announced bonuses, wage hikes and charitable contributions resulting from the lower corporate tax rate enacted by Congress.

[more]

CFPB 2018 outlook: More deregulation, more upheaval

01/02/18

If acting CFPB Director Mick Mulvaney ultimately prevails in the lawsuit challenging his position, he is expected to continue implementing the most significant changes to the agency in its six-year history.

[more]

Fannie Mae's delinquency rate returns to high last seen in March

01/02/18

Fannie Mae's serious delinquency rate climbed to a high not seen since March 2017, but remained lower than it was 12 months prior.

[more]

New York Fed makes rounds in search for next chief

01/02/18

Finding a perfect candidate could be tricky. Because the New York Fed oversees banks and operates in markets, someone with Wall Street experience is ideal — yet at the same time, it’s important to find a candidate who isn’t beholden to the banks.

[more]

MidSouth in La. deemed to be in troubled condition by Fed

01/02/18

The move restricts what MidSouth can independently do with board appointments and executive duties. The company was hit with a similar assessment by the OCC last year.

[more]