B of A to open as many as 60 branches in fast-growing cities
The company will continue its push into affluent markets as it continues to scale back its branch count elsewhere. American Banker: Feed
Category Archives: Uncategorized
OnDeck Capital loses its chief operating officer
James Hobson is resigning to become the CEO of Attune, a new company in the commercial insurance sector. American Banker: Feed
CoStar’s People of Note (Feb. 3) – Lee & Associates, Stiles and MBRE Name New Presidents
It’s time to update those contact managers with CoStar’s People of Note, reporting news on significant new CRE hires and promotions. This week’s issue includes the following markets: Orange County, Los Angeles, South Florida, Chicago, New York City, Northern New Jersey, South Carolina, Phoenix / Tucson, and Atlanta. ORANGE COUNTY Lee & Associates Expands Newport
Breaking Banks: Fintech in Asia
Hong Kong and Singapore have long been economic crossroads. China and India are economies with vast populations. And Shenzhen is bursting with innovative creativity. All of these contribute to the Asian fintech market being far ahead in adoption and ecosystem creation. American Banker: Feed
Investors’ victory in GSE case may be turning point against Treasury
A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac’s profits into the coffers of the Treasury Department. American Banker: Feed
Bank executives weigh in on travel ban; Trump takes aim at Dodd-Frank
Wall Street banks comment on the president’s temporary halt on immigration from Muslim-majority nations; Trump promises to do “a big number” on financial reform act. American Banker: Feed
Report: Boomers want personalization, individuality
Baby Boomers may be thought of as the generation with the most extra cash to spend, but one new report indicates they aren’t loyal with that spending money. More than half of Boomers, according to the study, will shop competitor brands if the price and experience are better. BizReport
Illinois state regulators close second bank of the year
The failure of Seaway Bank, once the nation’s biggest black-owned bank, cost the FDIC $ 57.2 million. American Banker: Feed
Why banks should consider taking a page from Facebook on security keys
Facebook now lets users log in using a physical token. If banks gave consumers this option, it would strengthen the security of online accounts — or at least bolster their image. American Banker: Feed
Capital One profits fall 14% on higher credit costs, less fee income
Total loans rose 7%, but the provision for loan losses jumped 27% to $ 1.7 billion. American Banker: Feed