BankThink

NCUA extends comment period for credit union-bank purchase proposal

03/30/20

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

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Will coronavirus permanently change CRE lending?

03/30/20

Commercial real estate lenders have to consider not only how they’ll weather the COVID-19 downturn, but whether worker and consumer habits have changed for good.

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Card brands delay spring swipe-fee update to July, citing coronavirus' effect on retail

03/30/20

With coronavirus presenting significant challenges for retailers and the technical challenges of imposing interchange fee changes in the networks, Visa, Mastercard, American Express and Discover are holding off on the updates.

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BNY Mellon names Todd Gibbons its permanent CEO

03/30/20

Gibbons had been in the position on an interim basis since September, when his predecessor, Charlie Scharf, left to become CEO of Wells Fargo.

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Wall Street quietly telling companies not to draw their loans

03/30/20

Some corporations are willing to oblige, turning instead to new, pricier term loans or revolving credit lines rather than tapping existing ones, industry officials say.

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As offices empty out, CRE picture looks bleak

03/30/20

Commercial real estate is facing another crisis as companies shift to work-from-home policies. Banks and regulators should brace themselves.

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North Carolina investment group buying Tennessee bank

03/30/20

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

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Lenders tighten underwriting standards; coronavirus death on Wall Street

03/30/20

Banks and fintechs are not taking undue risks in lending to new customers; Jefferies CFO Peg Broadbent succumbs to the disease at age 56.

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Is mortgage industry equipped to implement Washington's forbearance plan?

03/29/20

Homeowners reeling from coronavirus-induced economic shock are already enduring extremely long wait times while trying to get relief. Legislation passed last week could worsen the logjams.

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CECL down, but not out

03/27/20

Lawmakers and regulators opted to delay compliance for banks that have implemented the credit loss standard, sparing them near-term capital hits.

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