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American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
December 1 -
The recent shake-up at CAN Capital could spark greater scrutiny of a sector that has drawn comparisons to the bubble-era subprime mortgage market.
December 1 -
Howard Schultz, who built the coffee empire over the past three decades and served two separate stints as CEO, will step down next year, handing the reins to technology veteran Kevin Johnson.
December 1 -
The combined institution will now serve more than 16,000 members with $142 million in assets.
December 1 -
The consumer watchdog group cautioned FIs to beef up their compliance management systems, but some observers questioned whether credit unions which generally have more consumer-friendly business practices are in the clear or if there is still work to be done.
December 1 -
Steven Mnuchin's confirmation hearing is likely to be dogged by stories of homeowners who claim his bank, OneWest, illegally foreclosed on them. While the stories are unlikely to prevent President-elect Donald J. Trump's pick from being confirmed, it could weaken Mnuchin politically and rehash grievances from the financial crisis.
December 1 -
First Colebrook Bancorp in Colebrook, N.H., has raised $5 million to exit the Small Business Lending Fund.
December 1 -
Wells Fargo has amended its bylaws to requires separate chairman and chief executive roles, the latest change in corporate policy after the bank's phony-accounts scandal.
December 1 -
Privatizing the government-sponsored enterprises is a priority for Treasury Secretary-designate Steven Mnuchin. Here's a look at what it will take to pull off and the potential implications for the mortgage industry of unwinding the conservatorship.
December 1 -
Mastercard cardholders in the U.K. will soon have the ability to choose a financing option for scheduled payments when making a purchase at a Verifone point of sale terminal accepting the new application.
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