BankThink

Why regulators waited years before hitting Ocwen again

05/17/17

State regulators felt they were strung along by the mortgage servicing giant Ocwen Financial after years of promises that were never fulfilled, resulting in successive enforcement actions against the company.

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Banks can profit from digital ID movement (even if they don't control it)

05/17/17

Some banks seek to dominate the digital-identity business, but they stand to benefit even if their efforts fall short.

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CFTC creates new arm dedicated to fintech

05/17/17

The Commodity Futures Trading Commission has launched an office dedicated to exploring fintech issues, the agency’s head announced Wednesday.

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The real story behind the C&I lending slowdown

05/17/17

Some believe that increased bank regulation is to blame for overall slower growth in commercial and industrial loans. Yet that assessment misses some important details.

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FDIC to release industry first quarter earnings next week

05/17/17

The Federal Deposit Insurance Corp. is set to release its quarterly barometer of the banking industry on May 24.

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If you can't beat 'em, buy 'em

05/17/17

Banks and nonbanks are typically foes, but banks made 34 nonbank M&A deals through mid-May, emerging as buyers in two-thirds of them. Many buyers are eager to pad fee income by adding investment, specialty finance or insurance firms; sellers are typically looking to cut costs. Here is a roundup of such deals this year.

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Bipartisan bill would raise stress testing thresholds for community banks

05/17/17

Sen. Jon Tester, D-Mont., and Sen. Jerry Moran, R-Kan., introduced legislation Wednesday that would raise the stress testing threshold for small and community banks to $50 billion of assets.

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U.S. consumer debt has hit a new record, but lenders shouldn't be spooked

05/17/17

The old record was set just before the Great Recession, and what may be most remarkable is that it took nearly nine years to reach a new milestone.

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Better fintech alternatives to high-cost credit are already here

05/17/17

Fintech still has a ways to go to change the financial world, but it already offers solutions to income insecurity that can be truly transformational right now.

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Hackers tough new task: Cash in their bitcoin; Dimon takes the heat

05/17/17

Cashing in digital currency for government-backed paper may not be so easy; JPM CEO is taken to task by shareholders for his close ties to President Trump.

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