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.
What Bankers Want (and Don't Want) from President Trump
Optimism is running high in banking after the presidential election, as many bankers see Donald Trump's promises to lower corporate taxes and weaken regulations as potential boons for the economy and their bottom lines. Others, though, doubt Trump would push through or even endorse meaningful regulatory reform and are wary of his protectionist rhetoric. Here's what some bankers have to say to the president-elect.
It's the time of year to give thanks, and for bankers some things to be grateful for include rising stock prices, a brightening M&A outlook and, most notably, the potential for regulatory relief under President-elect Donald Trump. Here is a list of developments the industry might be celebrating this Thanksgiving holiday.
Bankers are anxiously waiting to see who President-elect Donald Trump will pick as the next Treasury secretary. Several prominent names have been floated for the job, though with every passing day, a new possible choice seems to pop up. Following is a look at the current crop of candidates and their chances.
Mobile phones are only going to become a bigger part of how banks interact with their customers, so several institutions are looking to enhance that experience. They are focusing on better ways of opening accounts, verifying identities, interacting with customers and offering new services and features. Here are some of the improvements announced this year.
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.