An online-only bank's bold plan for small-business lending

06/19/19

First Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years.

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Goldman, Citi among banks delaying Brexit asset shifts

06/19/19

Goldman Sachs and Citigroup are among global firms postponing the transfer of several billion euros of capital outside the U.K. despite regulatory pressure to complete the move.

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Bank of Montreal surpasses U.S. growth target in six months, CEO says

06/19/19

Last year, CEO Darryl White said his goal was for U.S. operations to account for one-third of the bank's earnings in three to five years. It was a matter of months before the goal was reached.

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BB&T, SunTrust set dates for shareholder votes on merger, 'Truist' name

06/19/19

Shareholders of both companies will meet separately next month to cast ballots on the $28 billion deal, and BB&T investors will also decide whether the new company should be called Truist Financial.

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Biggest changes in digital banking are just ahead

06/19/19

Many might think that the technological disruption of the industry is already underway, but it’s likely that the most significant restructuring is still yet to come.

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Facebook faces blowback; Big changes expected at Deutsche Bank

06/19/19

Digital currency plans spark concerns from global financial regulators and U.S. legislators; departures continue as two top dealmakers seem ready to leave.

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Will FHFA’s fair-lending office fill enforcement void?

06/18/19

The little-known unit was launched in the wake of efforts by the CFPB and HUD to cut back on fair-lending activities, but the reach of the 10-month-old office is still unclear.

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Waters calls for halt to Facebook's crypto plans

06/18/19

House Financial Services Committee Chairwoman Maxine Waters and Rep. Patrick McHenry, the top GOP panel member, said Facebook must testify about Project Libra.

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Facebook thinks it can displace banks. Good luck with that.

06/18/19

Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.

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Deutsche Bank weighs senior shake-up as CEO purges top ranks

06/18/19

Deutsche Bank Chief Executive Christian Sewing is planning sweeping changes to his top management, considering replacing finance chief James von Moltke and investment banking head Garth Ritchie, as he purges executives who rose under his predecessor.

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