Month: March 2017

Banking News – Toomey seeks GAO’s help in reviewing agency guidance
&nbspSen. Pat Toomey, R-Pa., questioned the Regime Answerability Office to weigh in on whether two pieces of bank dictatorial guidance are in fact rules for the purposes of the Congressional Review Act.
Union Banking – http://www.americanbanker.com/news/toomey-seeks-gaos-help-in-reviewing-agency-guidance

Banking News – Dodd and Frank themselves back CFPB in constitutionality case
&nbspNearly 40 current and former congressional Democrats — counting the namesakes of the Dodd-Frank Act — challenged the notion that House of representatives may not dictate the establishment of federal agencies.
Union Banking – http://www.americanbanker.com/news/dodd-and-frank-themselves-back-cfpb-in-constitutionality-case

Banking News – BofI Holding disputes report that it’s a target of money-laundering investigation
&nbspThe report in the New York Post alleges that the bank debased anti-money-laundering laws by filing inexact call reports to hide loans made to foreign nationals.
Union Banking – http://www.americanbanker.com/news/bofi-holding-disputes-report-that-its-a-target-of-money-laundering-investigation

Banking News – Canada’s largest credit union looks to go inhabitant
&nbspCoast Capital Savings, Canada’s largest credit union by connection, plans to expand beyond British Columbia to challenge the control of the nation’s banks.
Union Banking – http://www.americanbanker.com/articles/canadas-largest-credit-union-looks-to-go-inhabitant

Banking News – More companies challenging CFPB enforcement actions
&nbspThe Consumer Fiscal Safeguard Bureau’s unblemished track record a propos enforcement actions came to an end in 2016 as more companies started fighting back.
Union Banking – http://www.americanbanker.com/news/more-companies-challenging-cfpb-enforcement-actions

Banking News – Six project union bank tech projects
&nbspIn our recent Union Bank Tech Projects series, we looked at the way a handful of banks chose to invest their precious assets over the last year. Here is a roundup of those projects.
Union Banking – http://www.americanbanker.com/slideshow/six-project-union-bank-tech-projects

Banking News – Reg burden forces union bank to unload CLO affair
&nbspTriumph Bancorp in Texas agreed to sell its CLO management firm just months after new risk maintenance rules kicked in.
Union Banking – http://www.americanbanker.com/news/reg-burden-forces-union-bank-to-unload-clo-affair

Banking News – Former Yadkin chief leaves just days after company’s sale to F.N.B.
&nbspScott Custer resigned as a boss and paid consultant to F.N.B. days after the Pittsburgh company bought Yadkin to enter North Carolina.
Union Banking – http://www.americanbanker.com/news/former-yadkin-chief-leaves-just-days-after-companys-sale-to-fnb

Banking News – Eisman of ‘The Huge Small’ says subprime auto loans concern him
&nbspSteve Eisman, the Neuberger Berman Group fund manager who featured in Michael Lewis’s book “The Huge Small,” said he’s worried about the subprime-auto market, even though credit quality across the banking system has stuck-up much.
Union Banking – http://www.americanbanker.com/articles/eisman-of-the-huge-small-says-subprime-auto-loans-concern-him

Banking News – PayPal seeks attractive retreat in the subprime credit affair
&nbspThe payments giant has made a lot of money issuing loans to online shoppers with marked credit histories. But now it is looking to reduce its risks.
Union Banking – http://www.americanbanker.com/news/paypal-seeks-attractive-retreat-in-the-subprime-credit-affair

Banking News – Fiscal firms need to record all exchanges
&nbspRuling on Mifid II comes day after banker fined for WhatsApp message
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/366500fe-162a-11e7-b0c1-37e417ee6c76.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Week in Review, April 1
&nbspFox News, Lloyd’s of London, the new Galaxy S8, Bill Yucky and Westinghouse in the news
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/fc78bcd4-1609-11e7-80f4-13e067d5072c.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Shawbrook rejects second buyout offer
&nbspApproach from Pollen Street Capital and BC Partners turned down by UK rival bank
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/381d57da-15f2-11e7-80f4-13e067d5072c.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Shawbrook rejects second buyout offer
&nbspApproach from Pollen Street Capital and BC Partners turned down by UK rival bank
FT.com – Banks – http://www.ft.com/cms/s/0/381d57da-15f2-11e7-80f4-13e067d5072c.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Banking News – UK mortgages: refinanced
&nbspLower rates help make a finance choice more arresting
FT.com – Banks – http://www.ft.com/cms/s/3/f8359978-15fd-11e7-80f4-13e067d5072c.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct

Banking News – Brake in corporate fundraisings hits UK brokers
&nbspCenkos sees return drop while Numis warns its profits would fall ‘moderately’
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/6727f37a-160e-11e7-b0c1-37e417ee6c76.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Hollywood gives a second chance to answer kids at PwC
&nbspGroup’s ties with Oscars and BT sheds light on challenges of varying auditors
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/931ccd24-15fb-11e7-80f4-13e067d5072c.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Atlas Mara looks to bounce back after profits hit
&nbspBob Diamond’s African vehicle blames macroeconomic factors and currency shifts
Fiscal Times – Fiscal Air force – http://www.ft.com/cms/s/0/24ede5ea-1619-11e7-b0c1-37e417ee6c76.html?ftcamp=published_links%2Frss%2Fcompanies_financial-air force%2Ffeed%2F%2Fproduct

Banking News – Credit Suisse faces tax probes in manifold countries
&nbspDutch, UK and French creation launch real-time investigations
FT.com – Banks – http://www.ft.com/cms/s/0/c7a28864-1604-11e7-b0c1-37e417ee6c76.html?ftcamp=published_links%2Frss%2Fcompanies_banks%2Ffeed%2F%2Fproduct