2020-09-18
Dischargeability of student loans is a “hot button” issue in both the bankruptcy world and mainstream media.
Read More from: Krieg DeVault
2020-09-17
The future of Fannie Mae and Freddie Mac, the Fed’s supervisory regime for the biggest financial institutions, reform of the Community Reinvestment Act and a host of other industry-related issues are on the ballot this November.
Read More from: BankThink
2020-09-17
The agency has scheduled an extra assessment of institutions' strength to incorporate more recent economic data during the pandemic.
Read More from: BankThink
2020-09-17
A historic influx of deposits has brought the National Credit Union Share Insurance Fund’s equity ratio close to the point where premiums would be required, but the regulator’s plan is intended to boost it.
Read More from: BankThink
2020-09-17
Banks reported decent loan growth in the spring and early summer as businesses rushed to draw down credit lines and tap the Paycheck Protection Program. But demand has been muted since, and bankers can only guess when it will pick back up.
Read More from: BankThink
2020-09-17
Small and midsize banks would pay for access to the Monit app and offer it to small-business clients as an add-on service.
Read More from: BankThink
2020-09-17
On September 16, 2020, Kettner Investments, LLC based out of Santee, California, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20-12366). The company reports $10 mil
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-09-17
On September 16, 2020, Kettner Investments, LLC based out of Santee, California, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20-12366). The company reports $10 mil
Read More from: Bankruptcy and Restructuring Law Monitor
2020-09-17
The Federal Reserve Board will discuss an advance notice of proposed rulemaking on the Community Reinvestment Act at an open meeting. The central bank had previously declined to support an OCC rule overhauling the 1977 law.
Read More from: BankThink
2020-09-17
The Baltimore institution said it would close on Nov. 3 with the intention that employees use the paid time off to participate in the democratic process.
Read More from: BankThink
2020-09-17
Jason Gelinas, an employee at Citigroup, has been placed on paid leave pending an internal investigation after he was identified as the operator of the most prominent website dedicated to the QAnon conspiracy theory, according to three people fami
Read More from: BankThink
2020-09-17
The central bank reiterated its plan to allow inflation to run above 2% for an extent before raising rates; the German bank postpones returning people to its New York City office until next July.
Read More from: BankThink
Bankruptcy Laws Must (and do) Change With the Economy (Continental Illinois v. Chicago, Rock Island)
2020-09-17
Read More from: Mediatbankry
2020-09-17
Second-quarter figures from the credit union regulator paint a grim picture for many states across a variety of key earnings metrics.
Read More from: BankThink
2020-09-16
Deal activity, already on pace for its slowest year in more than two decades, will likely remain suppressed until bankers get a handle on credit exposure and more clarity on valuations.
Read More from: BankThink
2020-09-16
There are times when Chapter 7 cases become Chapter 13 cases. There are also times when it happens the other way around. Sometimes this is the borrower’s choice. At other times, the courts themselves force the change.
Read More from: Young, Marr & Associates
2020-09-16
There are times when Chapter 7 cases become Chapter 13 cases. There are also times when it happens the other way around. Sometimes this is the borrower’s choice. At other times, the courts themselves force the change.
Read More from: Young, Marr & Associates
2020-09-16
The Financial Crimes Enforcement Network is seeking to create a better-defined standard for effective AML compliance programs and is considering whether to impose formal requirements that banks assess their laundering risk.
Read More from: BankThink