In|Vest 2018 Direct (Premium)

The first-quarter increase involved commercial real estate loans, including some problematic multifamily loans and an office credit, but none of the criticized loans were to consumers, officials at the Dallas company say. Further CRE deterioration is anticipated.

The Detroit-based company is exploring ways to make more consumer auto loans without running afoul of stricter capital standards that are expected from the Federal Reserve. Possible approaches include more securitizations and the use of credit risk transfers.

Eric Hylton is alliantgroup's national director of compliance and is the former IRS commissioner of the Small Business/Self Employed Division. Hylton also served as the deputy chief of the IRS Criminal Investigation Division. 

Darren Guillot is an alliantgroup national director and is the former IRS commissioner of the Small Business/Self-Employed Division. Guillot also led the creation and oversight of the IRS' Office of Fraud Enforcement.

The House Financial Services Committee also sent to the full House two bipartisan bills, including one that would prevent large banks from opting out of having to recognize Accumulated Other Comprehensive Income in regulatory capital.

Charge-offs and nonperforming loans rose at the Georgia bank in the first quarter. But it blamed the problem on one large client and said the matter has been resolved.

Amid healthy first-quarter loan growth and improving credit quality, Discover Financial Services slashed its profits by $800 million to offset remediation costs from a 16-year period when it overcharged certain merchants.

Tests of models from OpenAI, Google and others found their advice tends to disadvantage names commonly associated with racial minorities and women.

Ann Dieleman is the executive director at PIMA (the Professional Insurance Marketing Association). She is an active member of the insurtech and fintech community and has more than 25 years of C-suite global experience leading corporate growth initiatives, developing people, and building teams.

Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.