BankThink

Pot banking solution: A publicly chartered bank?

11/07/17

With marijuana sales set to become legal in California soon, a working group there says that a state-backed financial institution should be among the measures weighed to address the lack of banking services available to the pot industry.

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Medical residency refis may be just what the doctor ordered

11/07/17

Residents' low incomes usually disqualify them for standard student loan refinancings, but SoFi and other lenders describe these borrowers as strong credits with high earnings potential who could offset some of the risks lurking in student loan pools.

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Quarles says Fed taking 'fresh look' at regulation, fintech

11/07/17

The new vice chairman of supervision at the Fed said the agency will seek comment on its rules for stress tests, capital and other areas, as well as look at how fintech has impacted the industry.

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Succession shoe drops at another big trust bank

11/07/17

Boston-based State Street announced Tuesday that Chairman and CEO Joseph L. Hooley plans to step down from his leadership roles.

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Bank-fintech collaboration movement grows with Live Oak-First Data venture

11/07/17

The companies' recently launched partnership furthers the argument that the banking and fintech industries might be better served working together rather than competing.

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Bank app rollouts could prove value of name recognition

11/07/17

The biggest thing going for recent mobile apps launched by Wells Fargo and JPMorgan Chase may not be any digital innovation associated with them.

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Wells, JPM go mobile-only in pursuit of millennials

11/07/17

The banks' newest offerings hope to attract young clients and keep them there for life. But they face stiff competition.

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Goldman Sachs names Stephanie Cohen as strategy head

11/07/17

The firm outlined a plan in September to generate $5 billion in additional revenue over the next three years, with more than 40% of that coming from lending.

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What to do with unprofitable branches? Donate them and get CRA credit

11/07/17

Rather than pull up stakes and leave two low-income Mississippi towns at the mercy of payday lenders, Regions Bank donated the branches to a local credit union and kicked in another $500,000 for operating costs.

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Banking is a team sport, so choose your players wisely

11/07/17

What makes a strong team? Many in finance are still misjudging these qualities, because, without even realizing it, they gravitate to those they feel most comfortable with. Here is what Barbara Byrne has learned from her own experiences in the industry.

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