Vendors keep merging, and new ones keep forming. For banks, the change brings access to more options, but shorter relationships.
Month: July 2018
Senate panel to vote on Kraninger’s CFPB nomination
Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration’s family-separation policy at the border.
CleanFund paves way to AAA on commercial PACE securitization
Most providers of property assessed clean energy financing shoot for relatively modest credit ratings in the securitization market. But CleanFund wanted to set itself apart.
Janus Henderson names Dick Weil sole chief executive
Andrew Formica, ex-Henderson boss, to leave with $12m severance
After years of debate, OCC to offer fintech charter
The decision, unveiled just hours after the Treasury Department endorsed the charter concept, means some fintech firms could soon be regulated more like banks.
Senate passes flood insurance extension hours before deadline
Lawmakers authorized a four-month extension less than a day before the program was set to expire.
Ohio governor signs law aimed at reining in high-cost lenders
The state follows Colorado’s lead in adopting reforms pushed by the Pew Charitable Trusts.
FHFA extends comment period on GSE capital proposal
The agency said multiple stakeholders had requested more time to evaluate the proposal.
Centrica dividend worries not helped by cold snap — or hot heads
Investors may have over-reacted to some less than hair-raising results
Saudi sovereign wealth fund in bank talks for debut loan
Vehicle tasked with cutting country’s reliance on oil has interest from banks