BankThink
Years ago, the Federal Housing Administration helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes.
-
The binary charter rules that separate banks and nonbanks are no longer fit for purpose in a financial services industry where a broad array of companies offer banklike services. A new set of diverse charters is needed.
November 25
-
While many may roll their eyes at the idea, the practice of decorating a bank branch for the holidays, or otherwise changing up its outward presentation, has a real impact on customers' attention.
November 24
-
-
If the loophole in the GENIUS Act isn't closed, the flow of money into stablecoins will wind up reducing the Community Reinvestment Act funding that many underserved communities rely on for development.
November 21
Financial Services Innovation Coalition -
The head of the Managed Funds Association takes issue with a recent column calling for stricter oversight of nonbank financial institutions.
November 20
Chris Shelper is now the sole chief banking officer at First Interstate BancSystem; Kristy Fercho joins LERETA's board of directors; Truist Financial launches a business focused on private equity and family office transactions; and more in this week's banking news roundup.
MetroCity Bankshares in Doraville, Georgia, plans to finalize its acquisition of First IC Corp; Rockefeller Capital Management's Brian D. Riley will join BNY Wealth as global head; Blackstone appoints former Morgan Stanley rainmaker Franck Petitgas to a top role in Europe; and more in this week's banking news roundup.
BankThink is American Banker's platform for informed opinion about the ideas, trends and events reshaping financial services. View our