BankThink

Online banks compound pressure on rivals to raise deposit rates

02/02/17

Traditional banks may need to think twice about putting off higher rates on CDs and other deposit products. That’s because freer-spending online banks are adding deposits faster than they are, and more Fed rate hikes are expected to fuel that trend.

[more]

The parallels between banks’ quest for security and border control

02/02/17

The Trump travel ban calls for a new biometrics system to track all travelers to the U.S. It could follow the examples set by Canada, India and Estonia.

[more]

Explicit federal guarantee is key to ending GSE conservatorship

02/02/17

An explicit government guarantee of Fannie Mae and Freddie Mac is imperative to reform the secondary market, but it needs to be carefully circumscribed.

[more]

Top Republican demands Fed stop participating in Basel, FSB

02/02/17

A top House Republican is calling on the Federal Reserve to cease its participation in international standards-setting forums until after President Trump has installed his own leadership in the central bank.

[more]

Investors’ victory in GSE case may be turning point against Treasury

02/02/17

A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department.

[more]

How patience paid off for this bank buyer

02/02/17

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

[more]

Women chair U.S. trade groups; Canada grooming female CEOs

02/02/17

Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more.

[more]

Millennials aren't the mystery they're made out to be

02/02/17

They are not a number to be pushed through an algorithm. They are people, each with unique goals and stories.

[more]

United Fidelity in Indiana buys Bank of St. Croix

02/02/17

United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida.

[more]

Two big investors to sell shares in First Bancorp in Puerto Rico

02/02/17

Oaktree and Thomas H. Lee will still have large positions in the company after the planned sales.

[more]