ABI Blog Exchange

2017-11-02
Over the past year competition for commercial deposits has intensified, but pressure on consumer deposit prices is starting to edge up, too, says Mark Schroeder, CEO of German American Bancorp.

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2017-11-02
But the home mortgage deduction for existing mortgages would be preserved, according to a two-page outline of the House GOP tax reform bill. Meanwhile, homebuilder stocks initially plunged.

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2017-11-02
The belief that all banks must jump on board with the latest high-tech features is overblown — at least for community banks. Success comes from monitoring and satisfying your own customers.

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2017-11-02
Upcoming Committee Formation Meeting:  Monday, November 13, 2017 10:00 AM Case Name: 17-12307 (BLS) Location: The Double Tree Hotel, 700 King Street, Wilmington, DE 19801
2017-11-02
Upcoming Committee Formation Meeting:  Monday, November 13, 2017 10:00 AM Case Name: 17-12307 (BLS) Location: The Double Tree Hotel, 700 King Street, Wilmington, DE 19801
2017-11-02
Kearny agreed to pay $408 million for Clifton Bancorp in a deal that will add 12 branches in northern New Jersey.

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2017-11-02
Rule that would have made it easier for banks to be sued is repealed; a survey says the technology isn’t a priority for bank CIOs.

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2017-11-01
CME Group plans to offer bitcoin futures contracts by yearend, a sign that financial institutions may be getting ready to trade financial products tied to digital currencies.

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2017-11-01
Mark Calabria, the chief economic adviser to Vice President Mike Pence, said the administration is focused for now on more pressing issues than GSE reform, including addressing housing damage from recent hurricanes.

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2017-11-01
With little fanfare, President Trump officially nixed the rule prohibiting financial firms from including mandatory arbitration clauses.

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2017-11-01
Discussions on a regulatory relief package between the top Democrat and Republican on the Senate Banking Committee broke down late Tuesday, but members from both parties remain hopeful they can reach a bipartisan deal.

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2017-11-01
The Consumer Financial Protection Bureau said 42% of car loans issued in the last year had a repayment term of six years or more, a huge leap over the 26% of car loans that had such longer terms in 2009.

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2017-11-01
Fifth Third, U.S. Bancorp and others aim to design a short-term credit product that would satisfy their various regulators, but exactly how and how quickly they should go about it is murky at this point.

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