BankThink

Hancock in Miss. announces rebranding effort, higher earnings

10/18/17

The company, which plans to change its name to Hancock Whitney next year, reported increased profit that reflected balance sheet growth.

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Banks’ so-so quarter; JPM dips toe into fintech

10/18/17

Quarterly earnings at big five banks could have been worse; Chase to buy WePay, which helps online marketplaces and crowdfunding websites process payments.

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Kenneth Burgess elected ABA chairman

10/17/17

Burgess, chairman of FirstCapital Bank of Texas, succeeds Dorothy Savarese, of Cape Cod Five Cents Savings Bank in Massachusetts, as chairman of the American Bankers Association.

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Final five: Trump narrows choice of next Fed chair

10/17/17

President Trump said Tuesday that he has winnowed the number of candidates for the next Fed chair, including potentially reappointing Janet Yellen.

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Web’s creator to fintech players: Beware the blockchain Frankenstein

10/17/17

Sir Tim Berners-Lee, creator of the World Wide Web, exhorted developers to think about unintended consequences, saying he felt guilty over the digital divide and the proliferation of fake news.

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Northern Trust promotes Michael O'Grady to CEO

10/17/17

Frederick Waddell will retire as CEO of the Chicago custody bank at the end of 2017 but will remain chairman.

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JPMorgan buying WePay, shifting fintech investment into high gear

10/17/17

JPMorgan Chase has made several investments in financial technology startups, but its plan to buy WePay will give its 4 million small-business clients a much more direct way to adopt digital payments.

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Bank CEO perseveres after losing home in California wildfires

10/17/17

Debbie Meekins is running First Community Bank in Santa Rosa while simultaneously taking steps to rebuild her own life after her home of 19 years went up in flames.

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Regulators waive appraisals in hurricane areas to help rebuilding

10/17/17

Under a joint order, lenders still have to document the value of properties in storm-affected regions, but they will not have to depend on appraisers.

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Canada's bank regulator toughens mortgage qualifying rules

10/17/17

Canada's banking regulator released final rules that will make it tougher for borrowers to take on uninsured mortgages, adding to a growing list of measures to rein in the nation's housing markets.

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