BankThink

Struggling CAN Capital receives fresh infusion of cash

07/06/17

The subprime business lender halted new business and laid off scores of employees after recording higher-than-expected losses.

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Study shows 30% gender pay gap in financial services

07/06/17

PwC reports a modest improvement in its gender pay gap. A study finds a big gender pay gap in the U.K’s financial services industry. Plus, female founders speak out about sexual harassment and explain why they kept quiet before.

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How this former energy lender found its Plan B in SBA

07/06/17

Deciding it had had enough of problem energy credits, Houston’s Green Bancorp shifted capital to Small Business Administration loans, increasingly popular among community banks because of the premiums they fetch from investors and Washington's increased commitment to the guarantee program.

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Which 10 banks have the strongest reputations?

07/06/17

As you'll see from this list, regional banks are doing a better job bolstering their reputations than the big banks are, according to the 2017 American Banker/Reputation Institute Survey of Bank Reputations.

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JPMorgan tips hand on payments hopes despite bailing on Worldpay

07/06/17

Vantiv acquired Worldpay, but JPMorgan's interest in an acquisition reveals its interest in payment processing.

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Fed veteran chosen as agency's top lawyer

07/06/17

Mark Van Der Weide will become the Federal Reserve Board's general counsel later this summer, succeeding Scott Alvarez.

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Worldpay/Vantiv deal analyzed; AIG hires a COO

07/06/17

The merger of the U.K. and U.S. payments processors carries both benefits and risks; Duperreault taps Marsh & McLennan veteran.

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Auto finance startup gets a boost from Volkswagen

07/06/17

Irvine, Calif.-based AutoGravity has received $30 million in equity financing from VW Credit, according to a source familiar with the matter.

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Delinquencies on car loans, credit cards at highest levels since 2012

07/06/17

A new report from the American Bankers Association reinforces existing concerns about the ability of U.S. consumers to manage all of their debts.

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FDIC, Fed publish big banks' living wills

07/05/17

The agencies released public portions of livings wills that were due July 1 while also announcing an extension for AIG and Prudential.

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