BankThink

Investors Bancorp, Bank of Princeton call off planned merger

01/24/17

The deal had been delayed since Investors had been hit with a BSA-related regulatory order.

[more]

Judge sides with NCUA in member business lending dispute

01/24/17

The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.

[more]

Auto finance (finally) shifts into the digital age

01/24/17

A deal between Ford Motor Credit and a San Francisco-based startup will give car buyers the option of customizing their own loan terms.

[more]

Regional banks weeding out risky loans while credit cycle is strong

01/24/17

Fifth Third and other regionals have ditched what they deem to be high-risk commercial loans in hopes of strengthening credit quality over the long term.

[more]

Banks, your IT outsourcing is (probably) safe under Trump

01/24/17

President Trump's campaign to keep jobs in the U.S. could leave bankers worried about their outsourcing IT functions. They are an unlikely target.

[more]

Democratic AGs in 16 states ask to defend CFPB in key court case

01/24/17

Democratic attorneys general in 16 states and the District of Columbia have asked to defend the Consumer Financial Protection Bureau in a controversial appeals court case citing an "urgent" need to protect its director, Richard Cordray, from being fired by President Donald J. Trump.

[more]

Banc of California investor wants company to consider selling

01/24/17

Legion Partners said it has “serious concerns” about the company’s disclosure of inaccurate information.

[more]

Possible Fed vice chair pick has long history with finreg

01/24/17

President Trump’s reported interest in GE Capital CEO David Nason — a former Bush Treasury official and front-row participant in the government’s response to the financial crisis — is sending the signal that the new administration intends to take a measured approach to financial regulation.

[more]

U.S. robo adviser market opens up to foreign competition

01/24/17

Wealthsimple is backed by the same investor, Power Financial, that last year injected $75 million into Personal Capital.

[more]

Wells Fargo reviews policy of alerting managers to branch visits

01/24/17

Wells Fargo is reviewing its policy of giving retail bankers a day's notice before internal inspectors visit a branch.

[more]