Bankruptcy Blogs

What women's growing wealth means for banks

10/31/17

Even as women make up an increasing share of potential clients in the private wealth sector, only a small percentage of financial institutions are reaching out to them.

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Big banks pay up; Paytm eyes U.S.

10/31/17

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

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What the Senate did to bank customers' right to sue

10/31/17

American Banker reporter Kate Berry explains the Senate's vote on arbitration and what the CFPB might do next.

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Streamline application process to spur new banks: OCC’s Noreika

10/31/17

While increasing de novo activity is encouraging, the processes of chartering a bank and applying for deposit insurance are more onerous, lengthy and costly than they need to be.

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TCF Financial to acquire mortgage lender in Minn.

10/30/17

TCF is looking to diversify its streams of revenue as it dials back auto lending amid concerns about weakening credit quality.

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CFPB launches mortgage performance tool to track delinquencies

10/30/17

The new tool tracks both serious and general delinquencies down to a county level and features interactive charts and graphs.

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American River in Calif. lines up next CEO

10/30/17

David Ritchie, a regional manager for U.S. Bank, will succeed the retiring David Tabor in early November.

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Cordray's personal appeal to Trump: Save the arbitration rule

10/30/17

CFPB Director Richard Cordray sent a letter to President Trump Monday asking him to veto a Republican resolution to nullify the bureau's arbitration rule.

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Home equity beckons, but few ready to embrace it

10/30/17

Home equity lines could double over the next six years. Some banks are actively pursuing the consumer credit opportunity, whereas many still feel stung by the housing crisis, unimpressed by home equity’s comeback so far or fearful of nonbank competition and fraud.

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Powell as Fed chair? Five things bankers should know

10/30/17

If President Trump picks Federal Reserve Board Gov. Jerome Powell as its next chair, it may represent the best of all worlds for bankers — a policymaker who will continue the central bank's monetary policy but be open to regulatory changes.

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