Nobody’s Home: Analyzing the other housing crisis

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Housing blight — concentrated areas of vacant properties — is harming communities across the country and posing a risk to the financial system. But governments seem powerless to turn it around. We're finding out why. A special 10-part podcast series by American Banker.

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What was Jamie Dimon thinking?

Jamie Dimon, CEO of JPMorgan Chase
The JPMorgan Chase leader overshadowed his own community investment event by baiting President Trump.

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JPMorgan invites cities to compete for $500M in development funds

JPMorgan Chase signage is displayed at a bank branch in New York.
The nation's largest bank said Wednesday it is seeking proposals on ways to address economic inequality in local neighborhoods across the country.

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U.S. Bank returns to small-dollar lending. Will others follow?

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The nation's fifth-largest bank on Monday rolled out a three-month consumer loan that is far less expensive than the typical payday loan. The move comes as regulators are encouraging banks to reach out to the subprime market, which they largely abandoned.

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Can a subscription model work with mobile banking?

Valley National Bank tech makeover
A family-owned community bank in Oklahoma is testing a Spotify-like service by fintech Meed that allows customers to pay $9.95 a month to obtain digital banking services.

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Two Fifth Third bankers among shooting victims

Whitney Austin, an employee of Fifth Third injured in the shooting there in September 2018, and her husband, Waller Austin.
Luis Calderon, a finance manager in the commercial bank, was killed, and Whitney Austin, a digital lending product manager, was wounded. Four people died, including the gunman, and at least two were injured.

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Regionals pick their battlefields in fight for deposits

Growth in CD, checking and savings balances
Some are relying on a national, digital strategy. Others say the right balance of costs and growth comes from more traditional means such as targeted branch openings and out-of-market expansion.

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N.Y. regulators have approved two cryptocurrencies. Now what?

Maria Vullo, the superintendent of the New York State Department of Financial Services
Maria Vullo Photographer: Victor J. Blue/Bloomberg
At a glance, New York regulator's first license to cryptocurrencies appears to be a good sign for other digital currencies. But there's a catch.

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Banks in path of Hurricane Florence closing branches

Damage from Hurricane Harvey
A "Dry Gully" sign stands in floodwaters due to Hurricane Harvey in Spring, Texas, U.S., on Monday, Aug. 28, 2017. A deluge of rain and rising floodwaters left Houston immersed and helpless, crippling a global center of the oil industry and testing the economic resiliency of a state that's home to almost 1 in 12 U.S. workers. Photographer: Luke Sharrett/Bloomberg
With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week.

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Umpqua to roll out Tinder-like app for bankers

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The app allows customers to pick and choose the right private banker for them.

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