2020-12-29
Chris Maher recently unloaded loans hurt by the coronavirus shock, convinced he was freeing the New Jersey company of baggage that could impede a large M&A deal. This assertive move makes him one of our community bankers to watch in 2021.
Read More from: BankThink
2020-12-29
Eleven Democrats on the Financial Services Committee have asked the heads of the Treasury Department and IRS to eliminate service charges tied to debit cards used to distribute COVID-19 relief.
Read More from: BankThink
2020-12-29
Foreclosures around the country jumped during October, with Alabama foreclosures near the top of the nation.
Read More from: Bonds & Botes, P.C.
2020-12-29
The Securities and Exchange Commission last week accused Ripple of breaking securities laws, raising questions about the future of banks' ties with the company.
Read More from: BankThink
2020-12-29
Last year, the Pennsylvania Credit Union Association and the New Jersey Credit Union League merged to form the CrossState Credit Union Association, and now the foundations of the two groups are combining.
Read More from: BankThink
2020-12-29
Bankruptcy debtors with delinquent utility bills got a measure of protection from interruption in their service under an amendment to the Bankruptcy Code in the omnibus spending bill enacted December 27,2020.
Read More from: Bankruptcy Mastery
2020-12-29
The new legislation includes a provision sparing lenders from having to pay such fees on Paycheck Protection Program loans, except in cases where they agree in advance with borrower representatives to do so.
Read More from: BankThink
2020-12-29
Jay Neathery has taken over for Chris McCreary, who stepped down as president of the institution but is staying on as executive vice president.
Read More from: BankThink
2020-12-29
Treasury Secretary Steven Mnuchin approved the extension of the Main Street Lending Program, which offers loans to midsize companies affected by the pandemic, to Jan. 8.
Read More from: BankThink
2020-12-29
The Consumer Financial Protection Bureau is headed for more disruption in the new year with a Democratic administration likely to reverse several GOP-backed policies.
Read More from: BankThink
2020-12-29
On December 27, 2020, VTES, Inc., maker of advanced transportation-systems software, filed a petition for relief under subchapter V of cha
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-29
On December 27, 2020, VTES, Inc., maker of advanced transportation-systems software, filed a petition for relief under subchapter V of cha
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-29
On December 28, 2020, 203 W 107th Street LLC filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-29
On December 28, 2020, 203 W 107th Street LLC filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-29
The Allen, Texas-based institution is crediting a robust on-site medical program with helping keep staff and members safe.
Read More from: BankThink
2020-12-29
Hey, back to basics. All bankruptcy law is federal; all cases are filed in federal bankruptcy courts. But there are some state differences, as property law is state law. Just like divorce law is state law.
Read More from: Stop Creditor
2020-12-29
Fallout from the coronavirus pandemic consumed the industry this year, but other events, including a scandal at the National Credit Union Administration and a credit union under fire for lack of board diversity, also made waves.
Read More from: BankThink
2020-12-28
JPMorgan Chase is buying Stamford, Conn.-based cxLoyalty, a major credit card loyalty platform, in a bid to enrich its own card loyalty programs when travel resumes following the global pandemic.
Read More from: BankThink
2020-12-28
For better or worse, financial firms are often cast as villains, but in this year marked by pandemic, economic hardship and protests over racial injustice, they have often been a force for good.
Read More from: BankThink