BankThink

Many get stung by Maryland banking company's bankruptcy plan

07/11/17

The Treasury Department will take a huge hit when Cecil Bancorp sells it bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its trust-preferred stock.

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‘Communities’ are evolving. Let credit unions do the same

07/11/17

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

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How banks are fighting climate change

07/11/17

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.

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Can AI make debt collection smarter and easier?

07/11/17

As the CFPB prods banks to improve their debt collection processes, tech firms are applying artificial intelligence, chatbots and self-service portals to create a more enlightened approach.

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Senators ask AG Sessions to halt Choke Point

07/11/17

Despite assurances that the Department of Justice crackdown on banks' third-party relationships is ceasing, lawmakers say it is still having an impact.

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Big banks plead for capital relief. D.C. is listening

07/11/17

The administration and regulators are considering exempting certain asset classes from the leverage ratio, but opponents say going down that road is a mistake.

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JPMorgan Chase and Finicity ink data-sharing agreement

07/11/17

The companies will use an application programming interface to let Chase customers send the data to the apps Finicity supports, including personal financial services apps and income verification tools.

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How risk retention created opportunity for bank spinoff Trinitas

07/11/17

The former Triumph Capital Advisors doubled its business by acquiring Doral Bank's CLO assets; Dodd-Frank’s “skin in the game” regs spurred its spinoff as a vehicle of the deep-pocketed Pine Brook.

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How risk retention created opportunity for bank spin-off Trinitas

07/11/17

The former Triumph Capital Advisors doubled its business by acquiring Doral Bank's CLO assets; Dodd-Frank’s “skin in the game” regs spurred its spin-off as a vehicle of deep-pocketed Pine Brook.

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Banks heed Carney's call to tackle risks of climate change

07/11/17

Eleven major banks including Barclays, Citigroup and UBS said they'll seek ways to address the financial risks of global warming, after Bank of England Governor Mark Carney urged investors to act on the threat.

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