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Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories.
June 7
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Paramount Financial Technologies says its software can help banks answer key questions about their branch networks, including when it makes sense to expand them.
June 7
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Women in the workplace exeprience not only sexual harassment but micro-aggressions that could lead them to miss a promotion, a raise or a high-profile assignment, according to Wells Fargo's Karen Elinski.
June 7
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The small-bank trade group wants Congress to investigate whether the agency did enough to respond to warning signs and curb abusive practices by credit unions.
June 7
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It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.
June 7
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The CFPB issued a final rule late Thursday to delay the compliance date for mandatory underwriting provisions of the 2017 payday lending rule.
June 7
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Highland Associates has $26 billion in assets under management on behalf of not-for-profit medical endowments and foundations. Regions Financial is following the lead of other regionals, which have been scooping up investment firms that specialize in health care.
June 7
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The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.
June 7
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While there’s been dramatic innovation in the banking sector in recent years, regulators and startups can better collaborate around these developments.
June 7
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As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.
June 7
