BankThink

Money laundering risk rises; bias charge at Goldman

08/17/17

Basel Institute says enforcement is the problem; wealth advisor says bank steered clients away from her to white colleagues and blocked her promotion.

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Sterling gets OCC approval to buy Astoria

08/16/17

Approval from the Federal Reserve is the last remaining hurdle for the $2.2 billion transaction.

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States developing single regulatory structure for fintech firms

08/16/17

A handful of state regulators are discussing ways to create a single regulatory structure for fintech companies that are seeking regional or national business.

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Many family-owned banks approach day of reckoning

08/16/17

In addition to typical industry challenges, family-owned banks also have to address generational leadership and estate planning at a time when an increasing number of their CEOs are looking to retire.

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NCUA details roadmap for regulatory reform

08/16/17

The National Credit Union Administration has laid out a detailed and comprehensive reform plan, with proposals ranging from minor procedural changes to more ambitious goals, like a firmer assertion of federal preemption over state laws.

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How wealth management clients may hold key to boardroom diversity

08/16/17

One untapped resource is appealing to investors to allocate more of their private wealth to companies with successful gender diversity programs.

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De novo capital requirements are a 'sin tax': Petrou

08/16/17

In the midst of a public feud between federal regulators on the right process for chartering new banks, Federal Financial Analytics argues that regulators should instead focus on loosening capital standards for new industry entrants.

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Pressure's off Dimon as Trump business councils disband

08/16/17

The CEO of JPMorgan Chase served on President Trump's strategic and policy forum, one of two councils that are now being dissolved, and had drawn criticism for sticking with it.

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Don’t get too comfortable with the ‘pause’ in subprime lending

08/16/17

Auto, personal and credit card originations have fallen as delinquencies have risen, but researchers called the slowdown a temporary rebalancing by lenders.

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Is Duke too tied to Wells’ mistakes to lead a turnaround?

08/16/17

There are outstanding questions about whether Elizabeth Duke, who has been on Wells Fargo's board since January 2015, is the right person to lead a culture change at a large bank mired in scandals and investigations.

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