BankThink

Warsh vs. Quarles said to be renewed by Trump Fed search

10/25/17

The race to be the next Federal Reserve chairman is rekindling an old feud between Kevin Warsh, one of the Trump administration's finalists, and Randal Quarles, the newest Republican appointee to the Fed board, according to several people familiar with the matter.

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What’s ‘human digital banking’? Umpqua’s O’Haver explains

10/25/17

Cort O’Haver, the successor to Ray Davies at Umpqua, has a plan to preserve human relationships in mobile and online banking.

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Thinking ahead to the day when credit quality sours

10/25/17

Huntington executives are surprised that chargeoffs are still so low and say they're prepared for things to get worse, yet they remain aggressive in auto and other categories. The juxtaposition is a sign of the times for lenders.

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Near-term pain as efficiency effort weighs down Valley's 3Q results

10/25/17

The New Jersey company reported lower third-quarter profit that included severance costs from a two-year program to boost its bottom line.

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MBA's Stevens, his cancer in remission, to retire as CEO

10/25/17

Days after revealing he was in full remission from cancer, David H. Stevens said he is retiring as president and CEO of the Mortgage Bankers Association.

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Deutsche Bank will pay $220 million to resolve U.S. Libor probe

10/25/17

The accord is the latest development in investigations by governments across the globe into banks’ manipulation of benchmark interest rates.

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BankMobile's long road to profitability

10/25/17

A planned spinoff, combined with several new ventures, should help BankMobile turn the corner, says Luvleen Sidhu, the digital-only bank's president.

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Prosperity reports minimal losses from Hurricane Harvey

10/25/17

Harvey slammed the Houston area this summer, but Prosperity Bancshares' profit dropped only slightly in the third quarter, and it described the financial impact as "manageable."

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Why it <em>makes sense</em> for credit unions to oppose CFPB arbitration rule

10/25/17

While used infrequently by credit unions, arbitration clauses can be an effective way to ensure both the credit union member and the credit union’s interest are protected when disputes arise.

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Banks need to fear Amazon's finance ambitions: McKinsey report

10/25/17

Banks around the world have spent the past few years preparing for competition from small, nimble technology startups. It turns out the real threat may be Jeff Bezos, according to McKinsey & Co. In its annual banking report.

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