Banking Industry Newsfeeds

FDIC plan would make it easier for banks to hire ex-cons

Tuesday, November 19, 2019

The proposal would allow applicants with minor criminal records to work in the banking industry.

Regulators approve slew of final reg relief bill rules

Tuesday, November 19, 2019

Rules related to custody banking, commercial real estate and derivatives were among the last required under last year’s regulatory relief law.

CIBC's 'day late and a dollar short' missteps sour investors

Tuesday, November 19, 2019

Five years into Victor Dodig's time as chief executive officer of CIBC, the performance gap between Canada's fifth-largest bank and its peers is as wide as ever.

Don't believe doom and gloom on Fannie, Freddie

Tuesday, November 19, 2019

There's been chatter that investors are shying away from Fannie Mae and Freddie Mac mortgage-backed securities because Congress may not enact housing finance reform. Be skeptical of those claims.

Amex sweetens pot for merchants; Trump, Powell meeting raises questions

Tuesday, November 19, 2019

The company is reportedly paying bonuses to get retailers to accept its cards; both sides offer different take of rare get-together.

Small-business challenger bank BlueVine raises $102.5 million

Tuesday, November 19, 2019

The startup — whose backers include CitiVentures, SVB Capital and Microsoft's venture fund — says it's building an end-to-end platform for small businesses that integrates loans, checking, payments and other services.

U.S. banking regulators taking harder look at climate change

Monday, November 18, 2019

In recent months federal regulators have been speaking out on the risks that extreme weather events pose to the financial system, something their European counterparts have been doing for some time.

'We don't hear people say, I love my bank'

Monday, November 18, 2019

Bryce VanDiver and Daniela Hawkins at Capco make the case that offering easy-to-use payment rewards is the way to win the loyalty of digital-only customers.

It's a seller's market in the Carolinas

Monday, November 18, 2019

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.

Indicted ex-banker says warrant to search iPhone was tainted

Monday, November 18, 2019

Stephen Calk, who faces a bribery charge in connection with loans his bank made to former Trump campaign chair Paul Manafort, is asking a judge to suppress evidence that prosecutors obtained from his mobile phone.

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