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The president of the St. Louis Fed said that regulators should go back to the pre-Dodd Frank framework for small banks, while warning about changes to the system as fintechs expand their presence.
October 17
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The current regulatory focus drives the growth of ever-larger, harder-to-manage and harder-to-regulate megabanks, while community banks have been left to be picked up by acquirers.
October 17
University Bank -
PacWest reversed a valuation allowance on tax credits, which helped boost third-quarter earnings. PacWest also expects its deal for CU Bancorp to close this week.
October 17
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The Dallas company reported strong profits in the third quarter as higher yields on loans and improved cost control more than offset slight declines in loan balances and earning assets.
October 17
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Third-quarter profits at the Georgia bank rose 52% thanks to doubled-digit growth in consumer lending and the sale of credit card assets it had obtained from the retailer Cabela's.
October 17
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The tech sector is filled with innovators who want to solve really tough problems. Yet, there is one huge problem they can’t seem to make a dent in, says the creator of Craigslist and the founder of Women Who Tech.
October 17
Women Who Tech and Rad Campaign -
Nutmeg State Financial Credit Union recognized converting its core was just the beginning of creating a digital-first strategy.
October 17
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From groundbreaking ceremonies and grand openings to honoring veterans and teaching patriotism, here's how credit unions are giving back to the communities they serve.
October 16
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The San Francisco bank hopes to win middle-market business from its new commercial offices in Cleveland and Dallas.
October 16
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As many as a dozen financial institutions are deploying IBM’s Watson to search for signs of employee misconduct so they can avoid a Wells Fargo-size scandal. But the legal and technical limits of its use are major issues.
October 16
