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Items about the Consumer Bankers Association and its initiatives, including CBA Advanced Education, CBA LIVE, CBA Team news and more.
- April 25, 2017TITLE I – ENDING “TOO BIG TO FAIL” AND BANK BAILOUTS Subtitle A – Repeals orderly liquidation authority found in Title II of the Dodd-Frank Act. (sec. 111) Subtitle B – Financial Institution Bankruptcy Creates an enhanced bankruptcy structure for bank holding companies and other holding companies that have $50B or more in consolidated assets and derive most of their revenue from financial...April 19, 2017Many industries, such as financial services, are looking to develop ways to leverage mobile capabilities. The goal is to use mobile to attract new customers, but also to engage and cement relationships with current customers. The challenge lies in the execution. To be effective, you’ll need to determine how to develop innovative ways to leverage the technology and your data and turn that into an...April 19, 2017On Wednesday, April 19, 2017, House Financial Services Committee Chairman Jeb Hensarling (R-TX) released a discussion draft of the Financial CHOICE Act 2.0 . “Republicans are eager to work with the President to end and replace the Dodd-Frank mistake with the Financial CHOICE Act because it holds Wall Street and Washington accountable, ends taxpayer-funded bank bailouts, and unleashes America’s...April 18, 2017It's the topic the banking industry can't avoid, even when people prefer not to mention it by name: Wells Fargo. Banking executives and consultants who normally focus on checking accounts and credit cards spent a recent conference talking about "cross-selling" and "incentive compensation." Those are code words for Wells Fargo, and the up to 2 million accounts that its employees opened without...April 14, 2017Richard Davis’ CBA LIVE Farewell: One for the Record Among the many great moments from CBA LIVE, one stood out the most. U.S. Bank Chairman and CEO Richard Davis – in what was one of his last public appearances before retirement – looked to the audience during his closing remarks and said, “How perfect is it that I am closing out here with CBA. My whole life has been consumer banking. I am...April 14, 2017April 14, 2017 The Honorable Thomas J. Curry Comptroller of the Currency Office of the Comptroller of the Currency 400 7th Street, SW Washington, D.C. 20219 RE: Comptroller’s Licensing Manual, Draft Supplement, Evaluating Charter Applications from Financial Technology Companies Dear Comptroller Curry: The Consumer Bankers Association (“CBA”)1 appreciates the opportunity to comment on the Draft...April 12, 2017On Wednesday, April 12, 2017, Office of Management and Budget (OMB) Director Mick Mulvaney issued guidance for reforming the Federal Government and reducing the Federal civilian workforce. The guidance follows-up the administration’s actions aimed at downsizing the federal bureaucracy including a January 2017 hiring freeze and a March 13 Executive Order directing OMB to submit a comprehensive...April 11, 2017House Financial Services Committee (HFSC) Chairman Jeb Hensarling (R-TX) on Tuesday, April 11, 2017, released a summary of changes to his financial regulatory reform bill, The Financial CHOICE Act. (Remember, the HFSC passed the original CHOICE Act in September of 2016). We expect bill language to be released by the end of April with a possible markup and passage in Committee by the end of May...April 7, 2017CBA LIVE 2017 in the Lone Star State is best described as legendary . From April 3-5 in Dallas, we were thrilled to welcome the largest-ever crowd – 1,400+ attendees including more than 620 retail bankers -for Retail Banking’s premier event. On Sunday, our Board, Committee and Council members discussed key issues at in-person meetings, and we capped off the night with our annual Chairman’s Event...April 5, 2017PNC receives accolade for its community resource center, which supports digital access to financial services for local citizens. #BankingForACause Dallas, Texas (April 5, 2017) – Yesterday, the Consumer Bankers Association (CBA) presented PNC Financial Services Group, Inc. with the seventh annual Joe Belew Award. This year, CBA honored its member bank with the most innovative and impactful...