American Banker reposted this
The Capital One-Discover deal faces scrutiny from community groups and nonprofits — and they're not fans. Claire Williams reports on a hearing Friday to air concerns with the acquisition in American Banker.
American Banker, an Arizent brand, is the banking industry's most powerful information resource providing analysis, insight and perspective on the business of banking. American Banker covers the people, trends, regulations and technologies driving the industry, helping readers keep pace with changes and opportunities in the marketplace. Executives and industry influencers also engage via American Banker's online and live conferences and seminars.
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American Banker reposted this
The Capital One-Discover deal faces scrutiny from community groups and nonprofits — and they're not fans. Claire Williams reports on a hearing Friday to air concerns with the acquisition in American Banker.
American Banker reposted this
Are small businesses recovering? American Express discusses the issue in American Banker's earnings coverage.
Regions Financial in Birmingham, Alabama, said cost control and lower loan charge-offs supported its bottom line in the second quarter. The $154 billion-asset bank said its deposit costs are tapering and could gradually decline if the Federal Reserve cuts interest rates later this year. Another positive: new loans are coming onto the bank’s books with yields higher than those rolling off. https://lnkd.in/em9W8sGQ
American Banker reposted this
The CrowdStrike/Microsoft problem has been a ride. Carter Pape Penny Crosman and I spent the day tracking down banks, and people close to banks, who could explain how it is affecting them.
If you have any questions about how the CrowdStrike and Microsoft issues are affecting banks — or how long it will take to fix it, or how to fix it, or why it happened — Miriam Cross, Penny Crosman, and I have your answers here.
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American Banker reposted this
The Crowdstrike/Microsoft outage is a big problem for banks, where customers are reporting tech issues that trace back to a buggy update. Carter Pape and Miriam Cross report on the cybersecurity problem sweeping the world for American Banker.
Lenders and financial institutions should allow consumers to report nontraditional financial activities in an effort to adopt and validate newer, more inclusive credit scoring models, writes Christian Widhalm, of Bloom Credit, in American Banker’s BankThink.https://bit.ly/3SehycI
In our ongoing earnings coverage, American Express discusses its outlook for consumer spending and small businesses.
Join us for this webinar as S&P Global Market Intelligence research analysts surface key insights on commercial real estate performance at banks and how publicly traded REITs can serve as a leading indicator to the private markets. https://bit.ly/4cJSMsY