Bankruptcy Blogs

Bankers bullish on Trump, upbeat on reg relief, poll finds

02/27/17

In an exclusive American Banker poll, bankers see President Trump as a positive force for the financial services industry and are optimistic his administration can deliver on CFPB reform and simpler capital rules.

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Will rising mortgage rates force loosening of credit standards?

02/27/17

With mortgage rates and housing prices both expected to go up this spring, lenders are facing a decision on how they will adjust to the decline in refinancings and overall lending volumes.

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M&T president Mark Czarnecki dies

02/27/17

The executive, who was also M&T's chief operating officer, died on Sunday after an extended illness.

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Fintechs assure customers their data unaffected by Cloudbleed

02/27/17

Firms including Betterment, Coinbase and TransferWise have told customers that despite a bug affecting the content delivery network Cloudflare, their data is safe.

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Fifth Third to buy insurance agency in Cincinnati

02/27/17

Fifth Third, which is currently barred from buying banks, has announced a pair of nonbank deals in recent months.

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How likely are fraud victims to leave their bank?

02/27/17

Professor Rahul Telang at Carnegie Mellon University's Heinz College analyzed the behavior of 500,000 bank customers over five years to observe their reactions to adverse events such as fraud on their bank account. It’s a rare objective measure of the effect of fraud on customer retention.

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SunTrust probed over mutual fund sales

02/27/17

The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action.

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Banks must weigh inevitable backlash to Dodd-Frank rollback

02/27/17

As banking leaders gain a more substantial policymaking role, they will have a greater impact if they stake out a clear position in favor of regulations that protect investors and depositors.

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What we lost when we lost Melanie Dressel

02/27/17

Melanie Dressel was one of the most highly respected bank CEOs in the business. She was also an all-around exceptional person.

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Bank lending slips; U.S. bank jobs moving out

02/27/17

Lending by U.S. banks continued to fall in February after dropping the previous two months despite Trump euphoria; American banks are shifting jobs to Asian countries.

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