2021-02-09
The auto company said it bought $1.5 billion of the digital currency and plans to accept it for purchases; but the two top contenders share similar views on racial inequality in banking.
Read More from: BankThink
2021-02-09
Home loans accounted for the bulk of the industry’s lending gains in 2020, but inventory shortages in some markets and an uneven economic recovery may dim prospects this year.
Read More from: BankThink
2021-02-09
Before I get to the main topic, some words on private student loans.
Read More from: Discharge Student Loan
2021-02-08
While loan performance is improving in aggregate, some borrowers remained unaware of the relief available or were unable to access it, according to the Research Institute for Housing America.
Read More from: BankThink
2021-02-08
The biggest U.S. banks reduced the portion of their collective balance sheets they’re dedicating to loans to a new low, extending a trend that’s seen the largest lenders put less and less of their firepower behind everyday borrowers.
Read More from: BankThink
2021-02-08
The Biden administration’s yet-to-be-named comptroller of the currency is widely expected to invalidate the GOP-backed measure that bars banks from shunning gun makers, fossil-fuel producers and the like.
Read More from: BankThink
2021-02-08
Aside from the cash infusions, the San Francisco-based bank will assign dedicated teams to provide the lenders with financial, technology and product expertise.
Read More from: BankThink
2021-02-08
Discussing impact across Mobility, Cable, Smart Cities and IoT
Read More from: Bob Gold & Associates
2021-02-08
The regional bank is switching VirtualBank, a digital-only unit added through a recent merger, to a core system that relies on Finxact software and Amazon Web Services.
Read More from: BankThink
2021-02-08
When BAPCA gutted the ipso facto clause, reaffirmation was left as the only way a debtor could be assured of retaining his wheels.
Read More from: Bankruptcy Mastery
2021-02-08
The working group's final report is still forthcoming, but the trade association has already begun assembling a new team focused on the industry's digitization efforts in the wake of the pandemic.
Read More from: BankThink
2021-02-08
A race for talent is heating up as Wells Fargo winds down the roughly $40 billion international segment of its wealth management business, with several firms competing to scoop up advisers and their lucrative client lists.
Read More from: BankThink
2021-02-08
Anger is building in the senior ranks at Bank of America after the company waived an unpopular new bonus policy for top traders and dealmakers while keeping the plan in place for other employees.
Read More from: BankThink
2021-02-08
Free financial education programs and easier access to safe small-dollar loans are among the ways banks could help put low-income minority households on a path to prosperity.
Read More from: BankThink
2021-02-08
If you or a loved one has been charged with a felony or a misdemeanor, you may wonder what that means and what the differences between the two types of crimes are. Misdemeanors are more minor crimes and felonies are more serious.
Read More from: Young, Marr & Associates
2021-02-08
I don't post most of my law review articles here, but my latest might be of some interest to Slips readers generally.
Read More from: Credit Slips
2021-02-08
The money transfer service has been accused of aggressively collecting on overdrawn customers; the asset manager is being urge to pressure the bank to cut fossil fuel lending.
Read More from: BankThink
2021-02-07
A showdown between megabanks such as JPMorgan Chase and the likes of Apple and PayPal could be the prelude to a broader fight.
Read More from: BankThink