BankThink

Southern California emerges as incubator for new bank activity

03/02/17

A strong economy, large numbers of small businesses and a shakeout from industry consolidation are making the area between Los Angeles and San Diego appealing to bank organizers.

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The reputational risk of regulatory reform

03/02/17

Under the Trump administration, the challenge for the industry is to find the proper balance between supporting post-financial crisis regulations that have worked well and campaigning for reform efforts that have been ineffective.

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Senate confirms Carson as HUD secretary

03/02/17

The Senate voted 58-41 on Thursday to confirm Ben Carson to be the 17th secretary of the Department of Housing and Urban Development.

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Meridian Bank in Pa. to buy wealth management firm

03/02/17

The bank will have $700 million in assets under management after it buys HJ Wealth Management in Pennsylvania.

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Capital One reports 'minor impacts' from Amazon Web Service problems

03/02/17

Problems with Amazon's cloud computing services caused major disruption across the Web on Tuesday, but Capital One says it cloud strategy kept things smooth there.

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In new D.C., resisting your regulator is an easier call

03/02/17

With the new administration and eventual new leadership of the regulatory agencies, banks’ calculus that agreeing to consent orders is usually the right course is potentially changing.

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Wells claws back; Shake-up at Bridgewater

03/02/17

Bank removes perks for eight top executives as repercussions from fake accounts scandal continue; former tech executives leave world's biggest hedge fund after short tenures.

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Scotiabank said to test smart contract, blockchain for trade reports

03/02/17

The Canadian bank completed a months-long trial of technology developed by AlphaPoint, the tech startup said.

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Silicon Valley Bank expands to Beijing

03/01/17

The Santa Clara, Calif.-based company operates a joint venture in China, which opened its first branch in Shanghai in 2012.

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How much has regulation really curbed lending?

03/01/17

Critics of Dodd-Frank argue that post-crisis regulations put a damper on lending. But loan growth at regional and community banks has "actually been very strong," says Joo-Yung Lee, head of North American financial institutions at Fitch Ratings.

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