Banking Industry Newsfeeds

‘Another one?’ Bankers react to Facebook’s digital currency

Thursday, June 20, 2019

Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.

Trump believes he has the authority to replace Powell at Fed

Thursday, June 20, 2019

President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.

Huntington launches health care finance unit

Thursday, June 20, 2019

The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.

Deutsche Bank reportedly being investigated by U.S. over money laundering

Thursday, June 20, 2019

Deutsche Bank is being investigated by U.S. federal authorities for potential lapses in money laundering compliance, The New York Times reported, citing unidentified people with knowledge of the inquiry.

The key to rightsizing regulation

Thursday, June 20, 2019

Regulators could collaborate on a superagency to streamline laws.

Banks seen breezing through stress tests; Deutsche under investigation

Thursday, June 20, 2019

Banks shouldn’t have trouble this year, but the rules may change next year; U.S. authorities are probing possible AML compliance violations at the German bank.

IMF's Lagarde is nobody's token; causes and effects of gender pay disparity

Thursday, June 20, 2019

Christine Lagarde, the head of the International Monetary Fund, refuses to attend any meetings in which she would be the only woman; Sallie Krawcheck says the fact that women still are paid less than men is partly the fault of society at large; and more in this week's WIB Scan.

The 'secret enforcement tool' that has bankers spooked

Wednesday, June 19, 2019

Banks claim that regulators have been avoiding using a transparent public process to implement new regulations, opting instead to use informal guidance that has the impact of policy.

Payments acquisition expected to boost fee income at First Financial

Wednesday, June 19, 2019

The Cincinnati bank could add about $30 million a year in noninterest income with its deal for the capital markets firm Bannockburn Global Forex.

'The risk isn't in the banks': Fed's Powell on leveraged lending

Wednesday, June 19, 2019

Federal Reserve Chairman Jerome Powell says the agency is closely monitoring leveraged lending risks, but suggests further regulations on banks aren’t warranted.

Disclaimer
Information is accessed through RSS feeds from third-party sources that are not necessarily part of the Ohio Bankers League. While we try to select appropriate feeds to prevent objectionable content from being displayed, the presence of any article does not indicate endorsement or recommendation by the Ohio Bankers League or any of its subsidiaries.