BankThink

Banks turn employees into social media envoys

01/25/21

Truist, First National Bank of Omaha and Peoples Bank in Washington state are finding creative ways for loan officers, financial advisers and others to become ambassadors on platforms including Facebook and Instagram.

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Wings Financial to buy another bank

01/25/21

The Minnesota credit union’s deal for Brainerd Savings & Loan comes about 11 months after it bought Neighborhood National Bank in Minnesota.

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How open banking can transform the U.S. payments market

01/25/21

U.S. banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.

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Small New Jersey bank eyes big expansion in wealth management

01/25/21

Flush with capital from issuing subordinated debt, Peapack-Gladstone is exploring acquisitions in Florida and New York in an effort to generate more fee revenue.

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White House elevates Todd Harper to NCUA chairman

01/25/21

Harper, a Democrat, had long been expected to be promoted to the chairmanship under a Biden administration, but he could face an uphill climb moving his priorities forward.

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It's not enough for banks to admit misconduct. They've got to prevent it.

01/25/21

At this point, 13 years on from the financial crisis, there are too many institutions copping to wrongdoing that risk managers could have — and should have — anticipated.

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Cardtronics agrees to $1.7 billion sale to NCR

01/25/21

Cardtronics will accept a $1.7 billion sale to NCR after the ATM producer outbid Apollo Global Management and Hudson Executive Capital.

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Biden OCC pick draws internal flak; Gorman tops Dimon in CEO pay

01/25/21

The expected nomination of Michael S. Barr has disappointed many progressives; the Morgan Stanley boss got a 22% raise to $33 million, while JPMorgan CEO held steady at $31.5 million.

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NCUA’s derivatives rule could be boon for large credit unions

01/25/21

Under a proposed rule change, credit unions would no longer need to seek pre-approval from the regulator before entering into interest rate swaps, speeding up transactions for some of the industry’s biggest institutions that already hold over 80% of total assets.

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What will drive bank M&A in 2021

01/24/21

Mergers and acquisitions were largely on ice in 2020, but banks' mounting need to control expenses and invest heavily in technology could spur a comeback this year.

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