Consumer lending

Santander Consumer in talks to sell its share of partnership with Fiat

06/01/18

The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship.

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Online lenders tighten rules as default wave rattles investors

05/30/18

It's gotten a lot harder to borrow money from the raft of fintech firms looking to bring online lending into the mainstream.

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Workforce diversity can help banks mitigate AI bias

05/30/18

A broader cross-section of hires and added training could help financial institutions avoid problems with algorithm-based discrimination in lending.

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A return to bank-payday lender partnerships? Not on Otting’s watch

05/29/18

Just two months ago, Comptroller Joseph Otting seemed to signal that the OCC might be open to letting national banks rent their charters to payday lenders. Now he is clarifying that it won’t happen.

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What’s behind rising delinquencies on private-label credit cards

05/23/18

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years.

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Banks might not have long to cheer for reg relief

05/21/18

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.

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Return to sender: Here's what's wrong with postal banking

05/17/18

A bill to allow the USPS to offer financial products would be bad for consumers, taxpayers and the banking industry.

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Digital currency startup soars; Volcker Rule changes proposed

05/16/18

Circle Internet Financial says it is now worth $3 billion following latest funding round; proposed changes would give banks more leeway to make some trades.

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Just what banks need — another hot-button issue

05/15/18

U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.

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Highest Loan/Deposit Ratios Among Bank Holding Companies

05/14/18

Year to date Dec. 31, 2017. Dollars in thousands.

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