The Financial Stability Oversight Council discussed its designation of certain nonbanks as systemically important and the “efficacy” of the Volcker Rule at a closed-door meeting on Monday. American Banker: Feed
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: Philadelphia, South Florida, New York City, Chicago, Orange County, Seattle, Dallas / Ft. Worth, Philadelphia, Minneapolis, Boston, Long Island, Florida and more! PHILADELPHIA Hill Announces Changes to
Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis. American Banker: Feed
Andreas Dombret, the top banking regulator in Germany, said that international standards need to be vigorously enforced and implemented. American Banker: Feed
Wells Fargo’s chief marketing officer Jamie Moldafsky shared how social media is helping the bank recover from its account-opening crisis; Maria Vullo explains her tough stance on bank crime, despite maintaining a lower profile than her predecessor. American Banker: Feed
Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere. American Banker: Feed
Bankers are well aware of the industry transformation taking place. However, they need to convince employees that change is worthwhile before turning reimagined business models into realities. American Banker: Feed
President Trump is scheduled to meet with the top leadership of the Independent Community Bankers of America on Monday. American Banker: Feed
State regulators shuttered $ 4.7 billion-asset First NBC Bank of New Orleans in what is expected to be the costliest failure since the tail end of the financial crisis. American Banker: Feed
The U.S. office vacancy ticked up 0.1% in the first three months of 2017 to 10.3% marking the first quarterly increase since 2010. Total net absorption in the US office market slipped approximately 9% from the same period a year ago as developers added an additional 19 million square feet of new office space across
