BankThink

The Most Powerful Women in Finance

09/27/17

Across asset management, investment banking, capital markets and cards, these finance executives stand out for their performance and for helping to create a path to parity for women in sectors that tend to be even more male-dominated than the banking industry.

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CFPB penalizes title company over RESPA steering

09/27/17

An Indiana title company $1.25 million on Wednesday for steering borrowers to an affiliated title insurer without disclosing that three executives are part-owners of the insurer.

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Industry skeptical of plan to simplify capital rules

09/27/17

The proposal is aimed at a simpler capital regime particularly for community banks, but some industry representatives and regulators themselves questioned whether the plan went far enough.

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ID-verification firms seize on Equifax moment

09/27/17

The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.

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Wells Fargo fighting order to rehire whistleblower

09/27/17

Wells Fargo is extending a 6-year-old fight with a whistleblower, despite a government order to immediately reinstate the former employee.

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Brokered deposits are not the horror portrayed by regulators

09/27/17

How most banks obtain deposits has changed radically over the past 30 years, thanks in part to innovation. It is time for regulators to rethink their notion of what constitutes a quality deposit portfolio.

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Equifax CEO Smith ‘retires’; Senators scold SEC chief

09/27/17

The embattled Smith may lose severance benefits, depending on firm’s probe into data breach; Clayton grilled about why the agency took so long to act after Edgar hack.

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Corker’s retirement may change GSE reform calculus

09/26/17

Sen. Bob Corker has been a key voice in the housing finance reform debate. His departure at the end of next year puts a deadline of sorts on his efforts to unwind and replace Fannie Mae and Freddie Mac.

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Preparation pays off for MainSource in sale talks

09/26/17

The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals.

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CFPB survey finds 40% of Americans struggle to pay bills

09/26/17

The Consumer Financial Protection Bureau's first "National Financial Well-Being Survey" found that a large slice of consumers experience financial hardship.

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