Is Wells Fargo stuck in the denial stage of recovery?
Tim Sloan
Since Wells Fargo's phony-accounts scandal broke in 2016, the bank has appeared contrite in public. In private, it's a different story.

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Analyst coverage of Fannie another sign GSE privatization gaining steam
Fannie stock
B. Riley FBR initiated equity coverage of the mortgage giant, citing housing finance reform proposals that could result in Fannie and Freddie Mac being released from conservatorship.

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BB&T, SunTrust pledge $30M for affordable housing in Charlotte
Charlotte
The two banks will each give $15 million to the Foundation for the Carolinas, which supports affordable housing development in Mecklenburg County.

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Community bankers alarmed after big banks backtrack on faster-payments pricing
Bob Steen at Bridge Bank (left) and Steve Ledford of the Clearing House.
In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.

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Credit card, auto loan delinquencies hit seven-year high
Deliquency rates for credit cards and auto loans, from ABA quarterly data
More consumers were late in paying two major types of loans in the latest figures from the American Bankers Association, but it appears to be a relatively isolated problem.

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Time to rebrand Wells Fargo
Wells Fargo sign
PR campaigns won't be enough to salvage the bank's reputation after a series of scandals. Instead, it should look into adopting a new name, among other crucial steps.

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Real-time-payments monopoly puts financial system at risk
federal-reserve
The Fed should continue to play a key role in the new payments system, rather than leaving it in the hands of the country's largest banks, Thomas Hoenig and Bruce Summers argue.

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Small banks try new approach to stanch deposit bleeding
AB-040419-DEPOSITS2.jpeg
Community banks are relying more on analytics, incentives and business partnerships in hopes of stemming an outflow of deposit relationships.

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Mortgage lender poised to begin digital bank experiment
Stephen Curry, chief executive officer of Gateway Mortgage.
Gateway Mortgage Group's dream of being a national, diversified financial services player will hinge on its effort to turn a community bank into an online-only platform.

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Guns, CECL and 'too big to manage': Big-bank CEOs on Capitol Hill
JPMorgan Chase CEO Jamie Dimon with Citigroup CEO Michael Corbat and Bank of America CEO Brian Moynihan
A House Financial Services Committee hearing featuring seven large-bank CEOs tackled a host of contentious subjects, as Republicans and Democrats sparred over whether such institutions are simply too big.

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