BankThink

Investment banking answers regionals' prayers, stays in D.C.'s crosshairs

04/21/17

Fees from capital markets activities have propelled profits at several regional banks when they needed it —and just as the Glass-Steagall redux crowd wants to kill it.

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Tim Sloane

04/21/17

Tim is the Vice President of Payments Innovation at Mercator Advisory Group and guides research in the many complex technologies impacting payments including biometrics, identity management, blockchain, tokenization, IoT, machine learning and cloud technology, to name a few.Tim’s background includes management of a software Research & Development organization that was responsible for developing and certifying international data communications products.

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Big banks take on ultimate omnichannel challenge: Mobile mortgages

04/21/17

The development of mobile mortgage solutions has to strike a delicate balance between self-service and making humans readily available for the stressful process.

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Subprime auto lenders put on notice over ties to shady dealers

04/21/17

A $26 million settlement by Santander Consumer is shining a light on the hard-to-measure problem of auto dealer fraud, while also raising questions about the adequacy of lenders' efforts to combat bad behavior.

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One less female CEO-CFO duo; Supreme manteruppting

04/21/17

Carol Hayles’ departure from CIT leaves us with one less female CEO-CFO team in banking; even Supreme Court justices get manterrupted; a Google doodle celebrates a microlender; and Sen. Elizabeth Warren strikes a pose.

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Wells Fargo investors should apply pressure to repair the damage

04/21/17

While many shareholders are by now largely immune to the transgressions of the U.S. banking sector, Wells Fargo’s recent phony account scandal has given even the most hardened cynics pause.

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BBVA taps blockchain to make international payments in seconds

04/21/17

Using a program built by Ripple, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.

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Trump memos call for review of systemic designation

04/21/17

President Trump's executive orders question Obama-era financial crisis prevention system.

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Trump invites trouble in targeting FDIC resolution powers

04/21/17

The president’s targeting of FDIC’s Orderly Liquidation Authority may ultimately heighten concerns about “too big to fail.” Here's why.

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Wells Fargo adds cash, additional years to class-action settlement

04/21/17

The San Francisco bank is adding $32 million to a previously announced agreement, and also extending it back to 2002, in the wake of a report on the roots of the firm's sales scandal.

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