Deutsche's tragic blind spot, USAA's diversity drive, lenders' card obsession: Top stories of the week


Deutsche Bank overhaul plan will put taxpayers and the financial system at risk; the San Antonio company names three women to key technology positions; issuers like Chase and Citi need to think beyond traditional card options; and more from this week's most-read stories.


Mortgage servicer AmeriNat refiles for industrial bank charter


The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending.


Is it time to worry about mounting credit card debt?


Borrower debt continues to rise, late payments are up and interest rates are at their highest levels since at least 1994. A new report raises questions about the sustainability of the card industry's boom.


Regulators may end CRA credit for loans to wealthy: OCC’s Otting


Banks currently can help their CRA performance with mortgages to anyone in a distressed neighborhood, but Joseph Otting said officials crafting a reform plan are considering limiting that to lower-income borrowers.


10 community banks that broke from the pack in 2Q


These banks posted strong quarterly results at a time when many others struggled with thinner margins and rising expenses.


UBS rebounds; Metro Bank looks to unload problem loans


Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.


BofA's plan to sustain its consumer banking mojo


Bank of America says rate cuts could reinvigorate mortgages and that its digital and cards strategies will help it grab more market share to offset shrinking margins.


Business loans, mortgages, fees were 2Q bright spots for U.S. Bancorp


The Minneapolis bank reported growth across several lending and noninterest income categories in the second quarter, which offset net interest margin pressures and declining deposit service fees.


Lawmakers unveil competing flood insurance bill


Members from states threatened by storms say their proposal is better for consumers than recent legislation passed by the House Financial Services Committee.


State regulators are critical to fintech oversight


The argument that only the federal government is up to the task is misguided.