BankThink

Coronavirus 'affirmed rationale' behind CenterState-South State deal: CEO

06/22/20

⁠John Corbett says building scale, lowering costs and strengthening technology offerings have become more critical for banks to stay competitive.

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Warren and Brown urge regulators to undo recent capital change

06/22/20

Sens. Sherrod Brown and Elizabeth Warren are asking three federal agencies to reverse changes that allow banks to exclude certain items from their supplementary leverage ratio.

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Cloud banking provider nCino plans to go public

06/22/20

The company, which has yet to turn a profit since it was spun off from Live Oak Bank, said it would use the proceeds for working capital and possibly to make acquisitions.

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Wells Fargo employees targeted with phishing attack using calendar invites

06/22/20

In a new twist on an old scam, cybercriminals have tried to get thousands of Wells staffers to surrender their own account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

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Wells Fargo customers targeted with phishing attacks using calendar invites

06/22/20

In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

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No, CLOs will not cause the next banking crisis

06/22/20

An article in The Atlantic warning that collateralized loan obligations will be banks’ next downfall overestimates the risk of these securities.

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The Fed's move to tweak bank stress tests; Wirecard CEO quits as money hunt continues

06/22/20

Big banks will need to show how well they can withstand three different scenarios before they can pay dividends; the German payments company is still looking for $2 billion of missing funds.

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Frustrated by PPP, many small businesses are ditching their banks

06/21/20

Business owners are changing banks at three times normal levels, a trend researchers attribute to their difficulty in obtaining emergency loans. If the forgiveness stage of the Paycheck Protection Program proves arduous, that rate could climb much higher.

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Treasury, SBA to disclose identities of large PPP borrowers

06/19/20

The agencies said late Friday that they will provide information on small businesses that received $150,000 or more from the Paycheck Protection Program.

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OCC, Texas bank enter into formal agreement tied to BSA compliance

06/19/20

CBTX in Houston must develop policies and procedures, along with a training program, to address deficiencies in its bank's compliance with the Bank Secrecy Act.

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