As the Financial Stability Oversight Council works through its checklist of jobs mandated by the Dodd-Frank Act and continues a project to spur reform of the money market mutual funds, the big question is: What will the interagency body focus on next?
Executives from four community banks established during the last wave of de novo bank creation talk about their experiences in surviving the economic crisis and their plans for when the economy rebounds.
What's Next for Energy Lenders? Lots of 'Wound-Licking'
Expect banks to pull back on energy lending in the near term, as regulators step up their scrutiny of oil loans and bankers approach the business with a "different attitude," says Mariner Kemper, chairman and chief executive at UMB Financial in Kansas City, Mo.
Smart Questions (and Some Answers) About Community Banking
Does scale matter to a community bank? What does the disappearance of black-owned banks mean to the communities they served? What impact has regulation had on banking? Those questions were among the many addressed by researchers at the recent community banking conference in St. Louis hosted by the Federal Reserve and Conference of State Bank Supervisors.
'That's Just Really, Really Bad': Bank CEOs React to Wells Scandal
OK, so maybe they aren't mentioning Wells Fargo by name, but top banking executives have had plenty to say about the "recent headlines" surrounding banks' sales practices and compensation of branch employees. Here are some of their more noteworthy, and occasionally colorful, comments from third-quarter earnings calls and investor presentations.
The surprise vote by the U.K. in June to leave the European Union may encourage fintech startups in London to expand across the pond. That was the case with Duco, a financial data management startup, which recently added senior managers in New York. "Hiring talent in London was already hard on the tech side, and we think it's going to get even harder" says CEO Christian Nentwich.
This year federal and state regulators have started to pay closer attention to the rapidly evolving online-lending sector particularly online small-business lending. What follows is a look at eight key players in the debate over how to regulate this emerging industry.