Powell as Fed chair? Five things bankers should know

10/30/17

If President Trump picks Federal Reserve Board Gov. Jerome Powell as its next chair, it may represent the best of all worlds for bankers — a policymaker who will continue the central bank's monetary policy but be open to regulatory changes.

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Fulton in Pa. freed from several BSA consent orders

10/30/17

The OCC has terminated orders against three of Fulton's banks. The company, along with two other banks, still have BSA-related orders.

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Can blockchain be used to build a better credit bureau?

10/30/17

Calls for less reliance on credit bureaus and Social Security numbers for verification are leading many to envision a future of identity on a distributed ledger.

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Treasury plan to weaken capital rules has real economic costs

10/30/17

The political pendulum appears to be swinging toward significantly lower capital requirements, but that threatens to undo the gains banks made in the wake of the financial crisis.

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Trump’s plan for the Fed; Dimon’s timely dealing

10/30/17

President Trump is expected to announce his Fed chair nominee this week; three deals earned JPM's boss almost $100 million.

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Here’s what bankers are fearing this Halloween season

10/30/17

It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep bankers up at night.

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When boards are stacked with hot seats, who wants the job?

10/30/17

It's tough to be a bank director these days, as the public and elected officials hold the board responsible for misdeeds that occur on their watch. Turnover is up, and filling the seats is more of a challenge than ever.

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Can Congress agree on 'systemic' bank label change?

10/27/17

Momentum is building to replace the hard-target $50 billion asset systemic risk threshold for banks with an indicator test, but it remains unclear whether it will be enough to get Congress to act.

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Trickle-down tech finally comes to commercial clients

10/27/17

Banks are revamping and investing in new wholesale systems to solve the frustrations felt by corporate customers.

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BBVA Compass profits rise despite $60M provision tied to hurricanes

10/27/17

The Alabama bank's provision for loan losses rose 59%, but it still reported an 8% increase in 3Q profits thanks to stronger margins and fee income.

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