TCF’s auto book is driving profit — but at what cost?

TCF executives were peppered with questions about the quality of $345 million in auto loans recategorized as held for investment in the second quarter, as a result of the company’s recent move away from loan sales and securitizations.

Article Panic! Millennials have grown up

Flat-footed banks may have missed out as the first wave of millennials “grew up” almost overnight.

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Banking July 24
Why midsize buyers could set pace for bank consolidation

Associated Banc-Corp is the latest industry welterweight to get back into M&A. That should benefit larger sellers that have watched the bigger regionals sit idle in the last couple of years.

Community banking John Reosti July 21
BankThink Why CFPB’s arbitration rule is essential (two words: Wells Fargo)

Piecemeal settlement through mandatory arbitration masks widespread misconduct like Wells Fargo’s fake-accounts scandal. Class actions bring such systemic abuses to light, and should always be an option for consumer redress.

Arbitration Lauren Saunders July 21
The Fed’s got some big decisions to make on faster payments

For the last two years, the central bank has allowed the private sector to drive a process aimed at modernizing the nation's payments system. Now the Fed will have to determine what its own role will be.

Faster payments Kevin Wack July 21

The Latest

A tale of foresight, planning, and one rich M&A valuation

WashingtonFirst had a sudden window of opportunity to sell itself in the latter half of 2016, but it had been preparing for a possible sale for more than two years before that, and perhaps as a result it received one of the most valuable buyout offers this year.

M&A Paul Davis 3h ago

M&A Paul Davis 3h ago
Should GSEs be aggressive in buying chattel loans?

While Freddie Mac is moving cautiously into buying manufactured housing loans not secured by land, Fannie Mae is moving more aggressively. Industry representatives are divided on which approach is superior.

GSEs Brian Collins 4h ago

GSEs Brian Collins 4h ago
Video CECL's effect on expected earnings

How to measure and predict earnings volatility given a new set of dynamics introduced by CECL

Accounting June 21

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Accounting June 21
OCC names new chief risk officer

The Office of the Comptroller of the Currency has named William A. Rowe, a deputy chief of staff and liaison to the Federal Deposit Insurance Corp., as its new chief risk officer.

Risk Lalita Clozel 4h ago

Risk Lalita Clozel 4h ago
Banks may have new foe in cellphone companies

In recent years, the country’s largest cellphone carriers have begun to experiment with new financing options for smartphones and other devices. That forebodes a deeper interest in financial products.

Fintech Lalita Clozel 5h ago

Fintech Lalita Clozel 5h ago
Will the branch of the future be in your living room?

Banks are adding videoconferencing at branches, but consumers might prefer to video-chat from their phones. Unlike with mobile banking, shirts and pants will likely be required.

Mobile banking Bryan Yurcan 6h ago

Mobile banking Bryan Yurcan 6h ago
Bank of Hawaii beats estimates as loan demand surges

Double-digit growth in loan volume offset a decline in fee income at the Honolulu company.

Earnings Yemeng Yang 6h ago

Earnings Yemeng Yang 6h ago

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Multimedia

Deposits take center stage in banks' 2Q earnings

Now that the Federal Reserve has raised short-term rates four times in the past 18 months, all eyes are on deposit costs as banks seek to keep pricing low and fatten margins. But that effort is complicated by the fact that banks must prepare for the unwinding of the Fed's balance sheet and consumers' rapid adoption of mobile deposits.

Podcast Breaking Banks: Plug and Play fintech

Plug and Play is the world’s largest tech accelerator. This episode profiles its fintech vertical.

'Vandalism is never minor in banking': Comments of the week

Readers question acting comptroller Noreika, weigh in on SoFi’s charter application, defend Trump’s exit from the Paris Accord, and more.

Podcast Big-bank M&A is coming back, says KBW's Tom Michaud

The CEO of Keefe, Bruyette & Woods, a top matchmaker for bank mergers, explains why large banks will soon return to dealmaking after a long absence, the case for starting new banks and the enduring value of branches.

BankThink

Forget fintechs. Focus on your customer

Kevin Tynan
Senior Vice President of Marketing
Liberty Bank

A handful of underfinanced startups aren’t enough to sink the industry. Community banks will survive digital disruption so long as they concentrate on what their customers want and need.

Digital banking 11h ago
The reason small lenders are leery of GSE reform

Michael Jones
Chief Financial Officer
Georgetown Mortgage LLC

From the small lender’s perspective, most of the various GSE reform proposals that have been offered are designed to advance the interests of the big banks.

GSE reform July 21
Why CFPB’s arbitration rule is essential (two words: Wells Fargo)

Lauren Saunders
Associate Director
National Consumer Law Center

Piecemeal settlement through mandatory arbitration masks widespread misconduct like Wells Fargo’s fake-accounts scandal. Class actions bring such systemic abuses to light, and should always be an option for consumer redress.

Arbitration July 21
Why Maria Vullo is a fintech skeptic

Tanaya Macheel
Fintech reporter

A profile of New York's top cop for banking offers insight into her thinking on hot regulatory issues; the women behind the machine learning at Morgan Stanley and UBS see a future with better advice; plus, Jane Austen and the new Doctor Who.

Gender issues July 20

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Research

Research Report Index of Banking Activity: May IBA at 56.7

Pace of expansion moderates as real estate remains buoyant but stresses mount in agriculture sector and concerns begin to emerge over the quality of credit applicants.

June 26
Research Report Early Optimism on Regulatory Relief Gives Way to Reality

Post-election exuberance about the prospects for rollback of Dodd-Frank regulations has been tempered by the political realities facing the President and Congress.

June 19
Research Report Are Risk Levels Rising for Banks? Execs Think So

More bankers say risk is rising — across all categories — than did in a survey conducted two years ago.

May 24
Research Report Cross Selling: What's Really Going On?

This report aims to explore banks' current practices as they relate to cross-selling.

December 14, 2016

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Resources

Web Seminar Mortgage loan processing: Helping to reduce operational risks and improve overall efficiency

In an age of high-speed technology and increasing customer demands for online applications and fast responses, the mortgage loan process remains highly paper-based.

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Mortgages
Web Seminar E-signatures in banking: Looking beyond the initial use case

Over the past five years, retail and commercial banks, credit unions, and other financial services organizations have been adopting e-signatures for a variety of use cases.

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E-signature
Web Seminar Cognitive Compliance with Watson: An end-to-end approach

Keeping up with regulatory change is placing a significant burden on financial institutions.

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Financial reporting
Web Seminar Reinventing the banking experience with Digital Bank

Turn your banks one to many, reactive, transaction-based customer experience into one to one

Sponsored by Salesforce Deloitte Digital

Digital banking

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