Fintechs try wooing banks back to construction lending

03/14/19

Software startups say bringing borrowers, builders and lenders onto one digital platform can remove some of the risks lenders faced during the crisis.

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FDIC chief ties personal story to CRA reform effort

03/14/19

Recounting her family’s financial struggles, Jelena McWilliams said regulatory policy should address the plight of the underbanked.

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Fed, FDIC to hold public meetings on BB&T-SunTrust deal

03/14/19

The Federal Reserve and Federal Deposit Insurance Corp. will hold two public meetings on BB&T's planned purchase of SunTrust to consider the deal's impact on the U.S. banking system

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Acquisition provides mortgage lender entree into digital banking

03/14/19

Gateway Mortgage Group says its launch of a digital-only bank is scheduled for this summer.

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Senate bill would add another step to FSOC designation process

03/14/19

A bipartisan group of senators is proposing legislation to require the Financial Stability Oversight Council to weigh alternatives before putting a large, complex nonbank under Federal Reserve supervision.

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CIT Group hires TIAA's Hubbard as top lawyer

03/14/19

James Hubbard will replace Stuart Alderoty, who left CIT earlier this year to join the fintech Ripple.

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Wells Fargo's Sloan 'should be shown the door': Waters

03/14/19

House Financial Services Committee Chairwoman Maxine Waters said the CEO's 2018 bonus was "outrageous and wholly inappropriate" and called for his removal.

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Simpler capital rule for small banks proving hard to pull off

03/14/19

Community bankers and state regulators want the FDIC and other agencies to rethink their approach to a simplified capital ratio for smaller institutions.

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Money keeps flowing to fintechs

03/14/19

Chime, Chart IQ, Starling Bank and several other startups have raised millions of dollars from venture capital and private-equity firms this year. Here's what they plan to do with their haul.

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Dimon says European banks need cross-border mergers to compete

03/14/19

European banks need to look beyond their home countries for mergers in order to tap the region's full economic power and become more competitive, JPMorgan Chase Chief Executive Jamie Dimon said.

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