2020-09-08
On September 8, 2020, Groupe Dynamite Inc., a Canada-based clothing retailer with more than 300 stores in North America, including 85 in the United States, and several of its affiliates filed a petition for relief under Chapter 15 of the Bankruptc
Read More from: Bankruptcy and Restructuring Law Monitor
2020-09-08
In congressional testimony, the director of the credit union regulator's Office of Minority and Women Inclusion outlined steps the agency is taking to increase diversity at the agency.
Read More from: BankThink
2020-09-08
Bank of America announced how it plans to spend a third of its $1 billion commitment to address racial and economic inequities and the effects of the coronavirus pandemic in communities of color.
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2020-09-08
The fintech and the Minnesota bank it acquired last week, renamed Mid-Central National Bank, intend to pioneer a new method of storing and moving money for consumers.
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2020-09-08
Thanks to a donation from the Credit Union Federation of Korea, the global trade group is working with international partners to distribute personal protective equipment to institutions in need.
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2020-09-08
Fintech lenders that reported a surge in missed payments at the start of the pandemic have seen credit quality rebound substantially since.
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2020-09-08
The Ohio regional added a feature to its mobile app that analyzes a customer's spending habits before sweeping small amounts of cash into a savings account.
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2020-09-08
Bartow Morgan Jr., who ran Brand Banking when it was sold to Renasant, also plans to raise $150 million to expand the seller's products and services.
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2020-09-08
Even though financial institutions have "slightly" stepped up assessments of diversity practices, "we are not satisfied with the level of responsiveness,” a senior Federal Reserve official said in congressional testimony.
Read More from: BankThink
2020-09-08
The bank said the conduct includes “instances of customers misusing Paycheck Protection Program Loans, unemployment benefits and other government programs.”
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2020-09-08
Over the past 30+ years, Bond & Botes has been blessed with passionate attorneys who counsel their clients through trying times with care and attentiveness.
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2020-09-08
Hey, if you cannot pay your bills, why file a payment plan bankruptcy case? Payment plan does NOT mean 100% payment of all your debts. Credit Card Interest Lovely industry, credit cards.
Read More from: Stop Creditor
2020-09-08
A new report from the National Credit Union Administration shows how hard the industry was hit during the second quarter as businesses closed and consumer spending dropped.
Read More from: BankThink
2020-09-07
Several community banks that put buybacks on hold during the pandemic’s earliest days have recently authorized new plans, signaling an easing in regulatory pressure and greater comfort with capital levels.
Read More from: BankThink
2020-09-04
How Bank of America plans to stay ahead of the pack in digital banking; Wells Fargo gets top marks for COVID-19 safety; PPP lenders nearing $10B asset mark fear regulatory ordeal; and more from this week’s most-read stories.
Read More from: BankThink
2020-09-04
The New Mexico company had recently hired James Crotty, a former director at Keefe, Bruyette & Woods, to serve as its co-CEO.
Read More from: BankThink