ABI Blog Exchange

2020-07-17
Members of Congress question whether the company is doing enough to protect inexperienced customers engaging in high-risk investing.

Read More from: BankThink

2020-07-17
Treasury Secretary Steven Mnuchin did not define "small," but advocates have been urging Congress to convert all Paycheck Protection Program loans of less than $150,000 into grants.

Read More from: BankThink

2020-07-17
Some 3,400 additional staffers in the treasury management group will be required to get pre-clearance before making trades. The policy change was driven in part by increased regulatory scrutiny, the bank said.

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2020-07-17
This story Cancel Student Loans In Bankruptcy? You May Not Qualify  Forbes July 16, 2020 originally appeared

Read More from: Shenwick & Associates

2020-07-17
This post appeared in the New York Times on 7/17/20 https://www.nytimes.com/2020/07/17/business/dealbook/bankruptcy-filings-...

Read More from: Shenwick & Associates

2020-07-16
Fintechs like Greenlight and gohenry have drawn millions of teens with features like savings goal tracking and customizable debit cards.

Read More from: BankThink

2020-07-16
The coronavirus relief law allows forbearance plans for up to a year on federally backed mortgages, but House Democrats say homeowners have had difficulty getting relief.

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2020-07-16
The proposed Chicago de novo would focus on serving female entrepreneurs.

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2020-07-16
Bank of America was the latest large bank to report a second-quarter drop in the key earnings metric after a March surge in credit line utilizations gave way to rapid payoffs in May and June.

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2020-07-16
Rho initially focused on startups, but now it’s targeting businesses with 100 or more employees.

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2020-07-16
The North Carolina regional created by the merger of BB&T and SunTrust is saving money by shedding office space and reworking vendor contracts, but it was forced to put its systems integration on hold for up to a year to prioritize tech upgrad

Read More from: BankThink

2020-07-16
The Detroit lender disclosed that the consumer bureau had sent a civil investigative demand to Rocket Homes Real Estate for potential violations of the Real Estate Settlement Procedures Act.

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2020-07-16
The case stemmed from the credit union's claims that the bank's branding would create confusion among consumers.

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2020-07-16
The Arkansas bank is selling two South Carolina branches to a credit union just two weeks after announcing plans to divest its branches in Alabama.

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2020-07-16
The coronavirus pandemic has exposed weaknesses even at well-established fintechs. They could become more resilient by partnering with traditional financial institutions.

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2020-07-16
Facing dire financial straits due to the Covid-19 pandemic, but think you can’t file bankruptcy because you’ve been in bankruptcy court before? We’ve got good news: you may be eligible to file again.

Read More from: Young, Marr & Associates

2020-07-16
Facing dire financial straits due to the Covid-19 pandemic, but think you can’t file bankruptcy because you’ve been in bankruptcy court before? We’ve got good news: you may be eligible to file again.

Read More from: Young, Marr & Associates

2020-07-16
Goldman's revenue rose and its capital ratios improved in the second quarter; BNY Mellon’s stock dropped more than 5% after it said tighter lending margins may last for a while.

Read More from: BankThink