BankThink

Four takeaways from deal to prop up GSEs

12/21/17

The announcement Thursday that Treasury Secretary Steven Mnuchin and Federal Housing Finance Agency Director Mel Watt agreed to let Fannie Mae and Freddie Mac each build a $3 billion capital buffer avoided a potential crisis.

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Community banks prepare to fight for deposits

12/21/17

Banks are looking for ways to capture and retain deposits as interest rates rise, including promotional offers and focusing on relationship banking.

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LCNB in Ohio to buy Columbus First Bancorp

12/21/17

The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market.

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Provident in Calif. settles employee compensation litigation

12/21/17

Provident Financial Holdings in Riverside, Calif., announced that it expects to record a $650,000 litigation charge to settle two more long-running lawsuits related to overtime compensation.

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Green Bancorp in Texas sets stage for big investors to cash out

12/21/17

The company has registered shares that three private equity firms have held since early 2010.

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JPMorgan adds corporate responsibility exec to operating committee

12/21/17

Peter Scher, global head of corporate responsibility, will join JPMorgan’s operating committee, effective immediately, the company said Thursday.

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Boston Private to sell wealth advisory unit to management

12/21/17

Wealth management firm Boston Private has agreed to sell Anchor Capital Advisors to Anchor’s management team.

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N.J.'s nominee for banking commissioner supports public bank

12/21/17

Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State.

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M&T names René Jones chairman and CEO

12/21/17

Jones, who was CFO until last year, succeeds Robert Wilmers, who passed away unexpectedly last week.

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Treasury, FHFA strike deal to let GSEs retain 'limited' capital

12/21/17

Fannie Mae and Freddie Mac will be allowed to build capital buffers to protect against losses under an agreement between the Treasury Department and the Federal Housing Finance Agency announced on Thursday.

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