BankThink

Spat between CFPB, GOP intensifies with auto lending report

01/18/17

A House Republican report, charging that Consumer Financial Protection Bureau Director Richard Cordray "may have broken the law" when the agency cracked down on auto lenders, appeared to escalate the GOP's clash with the agency.

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U.S. Bancorp CEO switch: 'Why now?' questions overshadow 'What's next'

01/18/17

Andy Cecere is the new CEO-in-waiting at the Minneapolis bank, but interest in his future plans took a back seat as investors and others tried to get their heads around why the current boss, Richard Davis, is choosing to leave seven years before the typical retirement age.

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OCC fintech charter tramples state rights: N.Y. superintendent

01/18/17

The head of the New York Department of Financial Services did not mince words Wednesday in criticizing a proposed federal fintech charter.

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Trump team said to plan delay of FHA premium cut

01/18/17

And the next HUD chief might eventually rescind it altogether.

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Dems will jab at Mnuchin, but will they land any punches?

01/18/17

Steven Mnuchin's time as OneWest CEO is expected to draw ample attention at his nomination hearing, but it will not be the only issue to come up as senators try to gauge how he would lead President-elect Trump's financial policies.

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TriState Capital in Pittsburgh adds banking vet to its board

01/18/17

Kim Ruth once served as a state president for Bank of America in Texas.

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CFPB sues student loan giant Navient

01/18/17

Navient Corp. was sued by a U.S. regulator over allegations that the student loan giant "systematically" cheated borrowers.

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Will Trump give banks a break on BSA? Don't bet on it

01/18/17

While the Trump administration could relax other bank regulations, it is unlikely that it would ease up when it comes to money-laundering compliance.

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Reinventing a 32-year-old multi-account card for the EMV era

01/18/17

Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.

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Renasant to buy Metropolitan BancGroup in Mississippi

01/18/17

The $190 million deal would push Renasant above the $10 billion-asset regulatory threshold.

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