This week's editors' picks include a data dispatch on U.S. banks' loan growth in the first quarter and a feature on the House's recent move to scrap the CFPB's guidance on discrimination in indirect auto lending.
Weak loan growth could remain for US banks amid policy uncertainty
Despite strong business optimism, the U.S. banking industry has experienced weakening loan growth since President Donald Trump's election, and a bubbling trade war with China could prove an additional headwind.
To solve fintech threat, banks could consider subscription model
As banks fight to stay relevant amid a crush of financial technology startups, Customers Bancorp Inc. CEO Jay Sidhu suggests thinking of checking accounts as subscriptions rather than a source of fees.
As more banks reach for yield, advisers urge caution
Bank advisers see a number of banks reaching further out the yield curve in their loan portfolios and believe institutions need to proceed with caution.
As deposit betas rise, bankers see more CD specials
Bankers say deposit competition is beginning to increase, with more institutions, including those outside their markets, advertising deposit specials in their areas.
House votes to scrap CFPB's guidance on discrimination in indirect auto lending
The resolution, already approved by the Senate, will now go to President Donald Trump's desk.