BankThink

Sterling secures Fed approval to buy Astoria

08/31/17

The Fed's order noted that Sterling had clarified errors in its CRA data before receiving a "satisfactory" rating from the OCC.

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How the oil crash changed energy lending

08/31/17

Manuel Mehos, CEO of Green Bancorp in Houston, looks back at his company’s decision to exit energy lending last year. “The oil business is not what it used to be,” he says.

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Regulators are still mostly ignoring millennials

08/31/17

The largest generation of Americans is set to inherit over $59 trillion in assets, but the federal financial regulators are behind in hiring millennials and focusing on issues of concern to them.

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Wells opened far more fake accounts than originally estimated

08/31/17

Wells Fargo said Thursday that employees opened 3.5 million potentially unauthorized consumer accounts over a nearly eight-year period, a 67% increase from its earlier estimate.

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CFPB forces exit of credit repair service company

08/31/17

A credit service provider agreed to exit the industry on Wednesday after a yearlong lawsuit with the Consumer Financial Protection Bureau.

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BONY takes control; Fiduciary rule delay

08/31/17

Bank of New York basically controls the market for clearing Treasuries and repos after Chase withdraws; compliance pushed back to July 1, 2019.

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FDIC terminates consent order with Discover

08/30/17

The 3-year-old order was related to Discover Bank’s programs for combating money laundering. A related agreement with the Federal Reserve Bank of Chicago remains in effect.

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B of A CEO says he's confident clients will pay for research

08/30/17

Bank of America plans to provide a premium package that includes speaking directly to analysts, attending conferences and meeting senior executives of major companies and policymakers.

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Washington Trust puts a name — 'Watrustology' — to a credo

08/30/17

Culture is key at Washington Trust, as it is at many of the 75 banks in our Best Banks to Work For rankings. Having a custom word to describe its community-oriented philosophy helps fuel conversations about it, and letting employees personalize the meaning (no scripts here) fuels a sense of empowerment and enthusiasm.

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How Gulf Coast banks got back on their feet after Katrina

08/30/17

Nearly all branches in storm-affected areas were still closed a week after New Orleans' levees broke, but regulators and bankers went to work opening new emergency branches and taking other steps to get institutions operating again.

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