Shorter terms, higher rates: How CECL could upend lending
Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears. ... Read full article
Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears. ... Read full article
Community banks generally make digital a consumer play, but TransPecos Bank, with its BankMD brand, is focusing on doctor practices, which tend to weather economic downturns well. ... Read full article
The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year. ... Read full article
Gatsby, which has built an app to let novice investors buy puts or calls, has received funding from Barclays, Radius Bank and others. Radius is considering offering the service to its customers. ... Read full article
The Louisiana company got more aggressive with credit issues and recorded its final charge tied to addressing a regulatory order. ... Read full article
The deal between the U.S. bank and the U.K. software firm adds another potential payments rival for Swift, and the two companies will offer banking APIs to U.S. fintechs. ... Read full article
The French banking giant has spent months winding down its holdings in the $20 billion-asset bank. ... Read full article
Reliance Bancshares was in a position to reject five buyout offers over the course of a year before it got one it liked. ... Read full article
At banks of all sizes — from the $7.2 billion-asset WSFS Financial to the $373 billion-asset Capital One — marketing budgets ballooned in the fourth quarter. ... Read full article
Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO. ... Read full article
Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering. ... Read full article
CrediFi helps bankers pursuing commercial real estate loan growth minimize the risk in lending to customers they historically haven't served. ... Read full article
Many bankers say they’re more comfortable with using artificial intelligence behind the scenes, but others — including Synchrony and Wells Fargo — insist AI can be used to interact with customers if it’s deployed properly. ... Read full article
Bigger banks complained that a two-tier system would force them to rethink their models, while smaller banks raised concerns about adding more complexity to an already burdensome process. ... Read full article
Both banks' need for scale started the conversation and the lifting of the SIFI threshold helped seal the deal. Here are five takeaways from one of the industry's biggest recent mergers. ... Read full article
Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be headquartered in Detroit, Chemical's hometown, and operate under the TCF brand. ... Read full article
At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform. ... Read full article
The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players. ... Read full article
Keith Wilton will also succeed Walter Kaczmarek as president in August. ... Read full article
The Pennsylvania company said it expects the digital bank to become profitable by the end of this year. ... Read full article