BankThink

TCF profits rise as stronger margin outweighs decline in fees

07/24/17

Net interest income rose 7% and margins widened 17 basis points at the Wayzata, Minn., company.

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Forget fintechs. Focus on your customer

07/24/17

A handful of underfinanced startups aren’t enough to sink the industry. Community banks will survive digital disruption so long as they concentrate on what their customers want and need.

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Wells Fargo data goof; Trump-CFPB war widens

07/24/17

Outside counsel for Wells Fargo accidently sends files on wealthy customers to opposing lawyer in defamation case; White House wants agency’s consumer complaint database to be private.

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Wells Fargo ordered to reinstate, pay California whistleblower

07/21/17

The branch manager was terminated after she reported conduct by at least three private bankers working under her that she believed to be bank, wire and mail fraud.

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That was no typo: B of A held onto 90% of 2Q mortgage originations

07/21/17

It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.

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Regulators begin review of Volcker Rule

07/21/17

Five regulators agreed to coordinate "their respective reviews" on the exclusion of foreign funds from Volcker Rule restrictions.

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The Fed’s got some big decisions to make on faster payments

07/21/17

For the last two years, the central bank has allowed the private sector to drive a process aimed at modernizing the nation's payments system. Now the Fed will have to determine what its own role will be.

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Regionals find new growth levers to pull in consumer banking

07/21/17

Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.

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