BankThink

Trump nominates affordable housing official as HUD general counsel

05/25/17

President Trump has nominated Paul Compton, an Alabama attorney with affordable housing experience, to serve as general counsel for HUD.

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Growth in U.S. bolsters Royal Bank of Canada's 2Q profit

05/25/17

Royal Bank of Canada got an earnings boost from its U.S. capital markets business and its ownership of City National Bank in Los Angeles, helping to offset softer growth at home.

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Here’s why the Durbin repeal got pulled from House reg relief bill

05/25/17

A Dodd-Frank overhaul bill faced trouble in the House because lawmakers did not want to vote on a provision to repeal debit swipe fee limits.

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Banks should share financial data — to avoid being forced to

05/25/17

Banks in the U.S. should get ahead of potential open banking regulation by building application programming interfaces now. A preemptive strategy will give banks more flexibility.

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Hensarling drops Durbin repeal; Court hears CFPB challenge

05/25/17

House financial services committee head agrees to drop swipe-fee repeal in order to save Financial Choice Act; Federal appeals court appears skeptical about declaring agency's makeup unconstitutional.

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Six insights from the FDIC's 1Q earnings scorecard

05/24/17

The FDIC's Quarterly Banking Profile was mostly good news for banks, showing higher profits and lower noncurrent loans, but loan growth remains a worry. Following is a detailed look at some of the insights into bank earnings.

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Give credit unions carve-out from CFPB? NCUA says ‘yes’

05/24/17

In a rare move, the credit union regulator is asking the CFPB for exemptions for credit unions from expanded HMDA requirements and unfair and deceptive acts authority.

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Does Trump's budget foreshadow changes to credit unions' tax exemption?

05/24/17

The Treasury Department significantly raised an estimate for how much the exemption will cost the government over the next decade, giving bankers some hope that their complaints are finally being heard.

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What Fifth Third is doing to retain moms

05/24/17

New mothers were bailing out from the Cincinnati bank at twice the rate of other women employees, so it decided to offer a maternity concierge service that would help them with stressful chores.

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BBVA and B of A move to make data sharing safer, less painful

05/24/17

The Spanish bank is opening its APIs to outside developers as Bank of America tests a new data-sharing model with aggregators.

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