BankThink

CFPB targets lead aggregator for steering consumers toward void loans

09/06/17

The Consumer Financial Protection Bureau has fined a California-based lead aggregator and its owner hundreds of dollars for allegedly directing consumers towards illegal loans that would be void in their states.

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How tech is helping banks prepare for Irma

09/06/17

Messaging services, mobile banking and remote deposit capture are expected to help Florida banks that aim to keep up with employees and offer uninterrupted service to customers.

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Wells Fargo rethinks diversity training after black brokers sue

09/06/17

As part of a $35.5 million settlement with black financial advisers, Wells Fargo agreed to take non-financial measures to create a more fair workplace.

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ICBA echoes Warren, calls for Fed to clean house at Wells

09/06/17

The ICBA is calling on regulators to remove Wells Fargo board members and senior management after a series of scandals have plagued the bank.

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What banks can learn from a cryptocurrency's bug bounty program

09/06/17

The creators of Dash, a bitcoin rival whose price has increased nearly 3,400% in 2017, plan to entice thousands of white hat hackers to inspect the project’s code for flaws.

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The misguided appeal of risk-based capital

09/06/17

A perfect risk-based capital ratio obviously is preferable to an admittedly imperfect leverage ratio. The problem is there is no perfect risk-based measure.

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Union Bankshares in Va. hires SunTrust exec to run its bank

09/06/17

The addition of John Stallings, who ran SunTrust's Virginia operations, is intended to make Union a more nimble institution, allowing CEO John Asbury to spend more time on strategic planning.

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Fischer to leave Fed in October

09/06/17

Federal Reserve Board Vice Chair Stanley Fischer said he will resign from the Board of Governors on or about Oct. 13.

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Citizens looks to gain on superregionals with robo adviser launch

09/06/17

The Providence, R.I., company said Wednesday that it has launched its robo adviser in an effort to make inroads in serving “mass affluent” customers.

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Eagle Bancorp Montana to buy Ruby Valley Bank

09/06/17

The acquisition will allow Eagle to expand into southwestern Montana.

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