BankThink

ICBA sues Equifax over data breach

11/28/17

The trade group wants Equifax to reimburse community banks for costs tied to the massive data breach at the credit bureau this year. The ICBA also wants a court to order Equifax to improve its security measures.

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Ex-comptroller Thomas Curry joins Boston law firm Nutter

11/28/17

The former OCC head and Massachusetts banking commissioner will co-lead Nutter's financial services practice.

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Will banks catch the open-banking wave, or be engulfed by it?

11/28/17

Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.

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Mulvaney asserts control over CFPB; trouble at Wells FX unit

11/28/17

Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients.

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FCB Financial to buy Floridian Community Bank

11/28/17

FCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami.

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Lifetime Achievement: John Kanas

11/28/17

A New York banker who mastered the art of buying low and selling high, broke industry norms and learned from his mistakes in commercial real estate, Kanas became a model regional bank builder and a central figure in the post-crisis recovery.

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Byline in Chicago announces first acquisition since July IPO

11/27/17

The company agreed to pay $169 million for First Evanston Bancorp in Illinois.

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Mulvaney pledges 'dramatic' shift at CFPB, freezes rules and hiring

11/27/17

OMB Director Mick Mulvaney said he would "fix" the CFPB by ensuring it protected consumers without cutting off access to financial services. His comments came as a federal judge declined to rule yet on the legality of Mulvaney's appointment.

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TCF exits auto lending, warns of $80M restructuring charge in 4Q

11/27/17

Citing the dim financial outlook for a business it entered just six years ago, the Wayzata, Minn., company will stop making auto loans on Dec. 1.

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Otting takes reins from Noreika at OCC

11/27/17

The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda.

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