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A longtime advocate for African-American-owned financial institutions argues that regulators should be taking more forceful action to keep them alive.

Top Stories

Familiar names — and more than a dozen newbies — can be found in our annual ranking of the nation’s most employee-friendly banks. Find out who earned a spot on the list and why these 60 banks are so successful at keeping their employees happy and engaged.  more »
The growth in loan demand and the industry's interest-related income has come in spite of continued pressures on bank profitability.  more »
First NBC’s annual report disclosed a full-year loss, lower capital levels and a spike in nonperforming loans, leaving outsiders to ponder how long it will take for the company to get back on track.  read more »
Banks are playing a more active role in the next phase of fintech, both as investors and partners, says David Sica, partner at venture capital firm Nyca. That change is shaping how the firm looks at new investments.  read more »
FinTech Forward
U.S. acquisitions have buoyed profits at Canada’s biggest banks, whose domestic economy is sluggish and possibly on the verge of a housing crisis. The banks are expected to pursue more M&A in the U.S. if that problem persists.  read more »
Hillary Clinton's proposal for regulatory relief for smaller institutions largely tracks with ideas already discussed, but her backing could keep alive the momentum for a reg relief plan should she win in November.  read more »
Many lenders are still reluctant to give mortgages to borrowers with less-than-pristine credit, yet such loans are far more likely than prime jumbo loans to be bundled into collateral bonds. Sreeni Prabhu of Angel Oak Capital credits banks' behavior and higher interest rates for that reality.  read more »
Will Tech Advances Hurt the Underbanked?
It's long been assumed that technology will help the financially underserved access the banking services they need. Christine Duhaime, founder of the Digital Financial Institute, a fintech think-tank, says this assumption is wrong.