BankThink

Will the FDIC's next leader be female?

08/03/17

Fifth Third’s new chief legal counsel, Jelena McWilliams, might be changing jobs again and Australia’s first female bank CEO tells all in a memoir. Plus, the advantage with female founders, and young feminists on the rise.

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Why Volcker Rule reform won't happen quickly

08/03/17

The OCC's move to solicit feedback on rolling back the Volcker Rule was only the first step in a long process, yet observers say it shows how fractured the five agencies tasked with implementing the proprietary trading ban have become.

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Why this CRE lender went solo in the securitization market

08/03/17

With fewer CMBS deals coming to market — partly as a result of risk-retention rules — an independent finance company like Ladder Capital can’t always wait to piggyback on Wall Street’s transactions.

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Do's and don'ts of a hostile bank takeover

08/03/17

The key to an unsolicited bid is to avoid looking like a bully. That requires clear communication with a target's investors, employees and clients — along with any other banks you might eventually want to buy.

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Fed details expectations for big banks' boards

08/03/17

The Federal Reserve Board released a proposal Thursday that is designed to clarify the agency's expectations for the biggest banks' boards of directors.

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This old-school banking strategy still matters in an app world

08/03/17

Bankers who shake more hands, ask more questions and, yes, hand out more business cards than the competition will win more clients.

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JPM settles with CFPB; CBOE looks to trade bitcoin futures

08/03/17

The bank agreed to pay $4.6 million to settle charges it didn't tell consumers why their checking account applications were rejected; Winklevoss brothers to supply bitcoin data to Chicago exchange.

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Kabbage raises $250 million equity round, its largest to date

08/03/17

Online lending platform Kabbage announced Thursday it has raised $250 million from Japanese telecom giant SoftBank, marking its largest equity fundraising round to date.

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Nonbanks seize on new source of funding for multifamily lending

08/02/17

So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?

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Wells Fargo gets N.Y. state subpoenas over car insurance scandal

08/02/17

The Department of Financial Services and Attorney General Eric Schneiderman are both inquiring.

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