BankThink

Crisis averted, Comerica now faces questions on growth, succession

09/18/17

The Dallas company has extinguished talk of a potential sale after aggressively cutting costs over the past year. But concerns about its future — including its ability to find new sources of revenue — remain.

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Are credit bureaus, housing groups in cahoots to kill FICO scores?

09/18/17

Efforts to persuade regulators to allow Fannie Mae and Freddie Mac to use alternative credit scores would stifle competition between the credit bureaus and FICO and do little to expand access to credit, according to industry analyst Chris Whalen.

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Bank M&A to slacken during Irma, Harvey recoveries

09/18/17

Florida and Texas are normally major sources of mergers, but bankers in those states likely will take a break to assess damage from the hurricanes before returning to dealmaking.

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Role reversal: U.S. leads race to bottom in global bank rules

09/18/17

EU-based banks are citing a U.S. Treasury Department report as reason to slow-walk international regulatory standards.

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CFPB orders private student loan trust and debt collector to pay $21.6M

09/18/17

The CFPB has ordered National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, to pay at least $21.6 million.

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Bank webinars prove to be a marketing hit

09/18/17

Wells Fargo, PNC and others are finding that the web seminar is an effective way to promote themselves through advice and useful content aimed at consumers and business clients.

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Treasury readying capital markets fixes

09/18/17

The Trump administration is prepping recommendations to address shortcomings in the capital markets in a report to be released next month, a top Treasury Department official said Monday.

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Chase names former Amazon exec as head of customer experience

09/18/17

Marbue Brown will oversee customer experience in Chase’s branch network, call centers and digital and mobile platforms.

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Provident to take earnings hit to settle overtime-related lawsuit

09/18/17

The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.

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Chicago deposits millions into city's last black-owned bank

09/18/17

The third-largest U.S. metropolis is entrusting $20 million to Illinois Service Federal Savings & Loan Association, the city’s treasurer, Kurt Summers, announced Monday.

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