2020-09-09
The bank discovered the actions, all of which were tied to the SBA's Economic Injury Disaster Loan program, after noticing that suspicious amounts of money had been deposited into checking accounts owned by bank employees, according to a person wi
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2020-09-09
Acting Comptroller of the Currency Brian Brooks and Department of Financial Services Superintendent Linda Lacewell stuck to opposing scripts on whether federal or state regulators are best equipped to protect consumers and supervise new entrants i
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2020-09-09
Citigroup named Hassan to the new role as part of a move to combine its marketing and branding divisions.
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2020-09-09
Bob Gold & Associates has been selected as one of the top Public Relations Agencies in PRNEWS’ Agency Elite Top 100 – the only guide dedicated to the most innovative PR &
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2020-09-09
The company and its global peers have seen their profitability hurt by half a decade of negative interest rates, which effectively make banks pay for holding clients’ cash.
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2020-09-09
Driver Management, a bank investor, alleges that First United in Maryland made false claims and improperly lobbied lawmakers to keep its nominees off the board.
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2020-09-09
Sandra Sagehorn-Elliott will take over as the president and CEO of the Tucson, Ariz.-based institution next month, having served as chief operating officer of two different credit unions.
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2020-09-09
The Senate Banking Committee met Wednesday to review central bank lending facilities such as the Main Street Lending Program, which provides bank-issued loans to middle-market firms.
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2020-09-09
The bank's innovation group has developed a software tool for law firms. It hopes the project will help it speed products to market and attract top technology talent.
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2020-09-09
With data privacy issues constantly in the news, what do businesses need to know about handling personal information when they’re considering bankruptcy, especially if some personal information – like customer records – may be a valuable asset?
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2020-09-09
The industry saw small gains in many loan categories during the second quarter, but credit cards declined. A new study from WalletHub shows the biggest quarterly drop in credit card balances in over 30 years.
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2020-09-09
A pandemic-driven surge in bank deposits helped drive the agency's insurance reserves below their statutory minimum.
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2020-09-09
On September 9, 2020, Energy Alloys Holdings, LLC, a Texas based supplier of alloys for the Oil and Gas industry, and several of its affiliates filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Dis
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-09-09
On September 9, 2020, Energy Alloys Holdings, LLC, a Texas based supplier of alloys for the Oil and Gas industry, and several of its affiliates filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Dis
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2020-09-09
A recent victory for Navy Federal opens diversity jurisdiction to federally chartered credit unions, allowing them to more easily bring matters before federal courts.
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2020-09-08
Bankers and fintech executives want lawmakers returning to Washington to focus on streamlined forgiveness and a second round of Paycheck Protection Program loans for small businesses.
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2020-09-08
Only one of the 118 loans bought by the Federal Reserve through Aug. 31 was close to the $250,000 minimum in the rescue program, aimed small to midsize businesses hurt by the pandemic.
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