BankThink

Chicago bank, large investors plan $120 million IPO

06/19/17

The offering would be a big milestone for Byline Bancorp, which was recapitalized in 2013 by a group led by former Banco Popular North America CEO Roberto Herencia.

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South Carolina de novo looks to raise up to $34 million

06/19/17

Beacon Community Bank seeks to become the first new bank in South Carolina in roughly a decade.

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Early Optimism on Regulatory Relief Gives Way to Reality

06/19/17

Post-election exuberance about the prospects for rollback of Dodd-Frank regulations has been tempered by the political realities facing the President and Congress. While many in the industry still expect some kind of relief, there is less confidence about when that may happen and what form it may take.

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How diversity is a boon to risk management

06/19/17

Narcissistic biases can lead us to favor those who look like us or have similar backgrounds or other common bonds. This inevitably affects the quality of hiring and risk management decisions.

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Trump nominates FDIC chairman; Cordray fights back

06/19/17

James Clinger is currently general counsel to the House finance panel; CFPB director refutes House panel claims he didn’t do his job in Wells Fargo investigation.

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Trump chooses top Republican aide as next FDIC chair

06/17/17

Though FDIC Martin Gruenberg's term does not expire until November, President Trump announced his successor late on Friday.

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What the Amazon-Whole Foods deal means for banking

06/16/17

The $13.7 billion acquisition could have significant implications for swipe-fee revenue and other grocers' in-store branches. It also raises the question of whether the Seattle e-commerce Goliath will soon set its sights on the financial services industry.

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HUD releases $219M for affordable housing trust fund

06/16/17

While HUD has released money this year, the Trump administration has called for defunding the program as part of its proposed budget.

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USAA’s innovation chief talks Amazon, Chase and Cadillac

06/16/17

Zack Gipson, USAA’s chief innovation officer, also discusses the challenges of bringing a human touch to digital channels in a brief but candid Q&A.

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What's next for CFPB's debt collection plan

06/16/17

The CFPB's decision to drop a requirement that third parties verify a debt's accuracy before collecting on it is likely to speed the agency's efforts to write rules for all parts of the debt collection market.

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