E-commerce, rebuilding disaster areas could drive CRE lending in 2018

12/27/17

Consumers’ desire to shop online is creating huge demand for distribution centers and forcing property owners to think creatively about redeveloping vacant retail space. Meanwhile, hundreds of billions of dollars will be spent rebuilding areas hard hit by hurricanes and wildfires.

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TD's innovation agenda: Experiments with Alexa, AI and augmented reality

12/27/17

TD Bank's new lab seeks to divine the future of banking.

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CFPB launches online tools for HMDA reporting

12/27/17

The Consumer Financial Protection Bureau on Wednesday launched a rate spread calculator and validation tool for financial companies reporting Home Mortgage Disclosure Act data starting Jan. 1.

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Will Trump regulators trade lighter rulemaking for tougher enforcement?

12/27/17

Was the president’s recent tweet about enforcement measures against Wells Fargo an articulation of the administration’s approach for holding banks and executives accountable? Or is a tweet just a tweet?

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Interest rate trading revenue dipped in 3Q: OCC

12/26/17

Banks reported $6.4 billion in trading revenue in the third quarter, down 3.6% from the previous quarter, on falling interest rate and foreign exchange revenue, the Office of the Comptroller of the Currency said.

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Change in tax rate will cost Capital One $1.9 billion in 4Q

12/26/17

The McLean, Va., company and several other banks have disclosed the charges they expect to record in the fourth quarter due to lower values on their deferred tax assets.

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FHA faces uphill struggle to win lenders back

12/26/17

HUD Secretary Ben Carson has spent much of his first year trying to convince lenders they wouldn't be harshly penalized if FHA-guaranteed loans went bad. But he still has a ways to go.

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Fintechs that flamed out or faded in 2017

12/26/17

Some were sold at discounted prices, while others were shut down by their acquirers or quietly ceased doing business.

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Saudis seek $6 billion from Alwaleed: Report

12/22/17

Prince Alwaleed bin Talal, the largest shareholder of Citigroup who has been detained since early November in a corruption probe, faces a demand from Saudi Arabian authorities of at least $6 billion to win his freedom, according to a report in the Wall Street Journal.

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B of A says Tax Act to force $3B earnings cut in 4Q

12/22/17

The reduction is “primarily” from a lower value of net deferred tax assets, the bank said in a securities filing Friday, the same day President Trump signed the legislation.

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