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For large banks, the risks of partnering with marketplace lenders do not matter. But small community banks can't afford to partner with competitors angling to poach their customers.
September 15Mirador -
The revelation of widespread fraud at Wells Fargo branches suggests that no matter how well run a large bank appears to be, it can't detect systemic problems within its own ranks.
September 14 -
For First Foundation, the government-backed program should help address a recent CRA exam's criticism that it has "poor penetration among businesses of different revenue sizes."
September 14 -
With the risk-taking culture at big banks including that which contributed to the Wells Fargo fiasco it's a good thing the House bill to weaken Dodd-Frank will never become law.
September 14Marlin & Associates Securities -
New recommendations by the Federal Reserve Board are a crucial step in the direction of much-needed restructuring of the U.S. financial sector.
September 14Cornell University -
Chairman Jeb Hensarling's financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.
September 13 -
With new fintech investments tapering off and banks starting to get the hang of digital innovation, young companies need to take a hard look at their business models.
September 13Bill.com -
A fintech startup called Point is allowing consumers sell a piece of their home equity to investors, rather than borrowing against the value of their houses.
September 13 -
Lending Club, which has been rebuilding its executive ranks in the wake of a recent scandal, is hiring Thomas Casey as its chief financial officer.
September 12