BankThink

Here’s what bankers are fearing this Halloween season

10/30/17

It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep bankers up at night.

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When boards are stacked with hot seats, who wants the job?

10/30/17

It's tough to be a bank director these days, as the public and elected officials hold the board responsible for misdeeds that occur on their watch. Turnover is up, and filling the seats is more of a challenge than ever.

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Can Congress agree on 'systemic' bank label change?

10/27/17

Momentum is building to replace the hard-target $50 billion asset systemic risk threshold for banks with an indicator test, but it remains unclear whether it will be enough to get Congress to act.

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Trickle-down tech finally comes to commercial clients

10/27/17

Banks are revamping and investing in new wholesale systems to solve the frustrations felt by corporate customers.

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BBVA Compass profits rise despite $60M provision tied to hurricanes

10/27/17

The Alabama bank's provision for loan losses rose 59%, but it still reported an 8% increase in 3Q profits thanks to stronger margins and fee income.

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Banks drag feet on CECL as critical phase nears

10/27/17

Many institutions have delayed planning for a big change to reserve accounting despite a belief that they should start testing systems and methodologies next year.

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Santander Consumer dives back into subprime auto as others flee

10/27/17

The Dallas consumer lender says it plans to boost subprime originations again after retooling its portfolio and taking stock of the economy.

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Investors Bancorp’s quest for deposits comes at cost to bottom line

10/27/17

Investors Bancorp in Short Hills, N.J., chased deposits in the third quarter in a move that drove up interest expenses and lowered profits.

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TCF profits drop on fewer loan sales, higher interest expense

10/27/17

The Minnesota bank held on to auto loans, sold fewer consumer mortgages and paid more interest on deposits and long-term borrowings in the third quarter.

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Barclays, U.S. are said to renew talks over toxic mortgages

10/27/17

Barclays and the Justice Department, engaged in a legal battle over the suspected fraudulent sale of mortgage securities a decade ago, have revived discussions about reaching an out-of-court settlement, according to people with knowledge of the situation.

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