BankThink

Simmons First to buy First Texas BHC for $462M

01/24/17

The deal comes on the heels of Simmons’ agreement to buy Southwest Bancorp in Oklahoma.

[more]

Hope Bancorp to buy U & I Financial in Seattle

01/23/17

The acquisition is the first for Hope since a transformative merger last year.

[more]

BBVA hosts Amazon lockers in Austin branches

01/23/17

Add package pickup to the growing list of things banks are doing with branches as foot traffic declines.

[more]

Zions' 4Q profit climbs 42% on loan, fee growth

01/23/17

Net income was also aided by a sharp drop in the provision for credit losses as chargeoffs on energy loans continued to decline.

[more]

Banc of California plans corporate reform in wake of Sugarman departure

01/23/17

The once high-flying company could also face higher legal costs tied to an SEC probe into recent disclosures.

[more]

Beyond robo-compliance: How bots will soon permeate banking

01/23/17

Banks are becoming more comfortable with robotic process automation and could use it overhaul everything from the payroll functions to advising customers.

[more]

CFPB clearing decks with slew of lawsuits as Cordray battle looms

01/23/17

The Consumer Financial Protection Bureau is ramping up enforcement actions ahead of a possible political showdown between President Donald J. Trump and the agency’s director, Richard Cordray.

[more]

Index of Banking Activity: September IBA at 56.1

01/23/17

Postpone the memorial service — the expansion is still alive. For one month at least, business conditions improved for the banking sector.

[more]

CFPB orders Citi units to pay $28.8M for servicing flaws

01/23/17

The Consumer Financial Protection Bureau ordered two units of Citigroup to pay a combined $28.8 million for failing to help borrowers with foreclosure relief.

[more]

Old Point to take over control of mortgage joint venture

01/23/17

The Virginia bank has agreed to buy Tidewater Mortgage’s majority stake in Old Point Mortgage.

[more]