ABI Blog Exchange

2020-12-22
This oldest consumers in this next group are approaching their mid-20s, so financial institutions must think about tweak their marketing if they hope to reach them in an meaningful way.

Read More from: BankThink

2020-12-22
The company will pay $20 million in cash for a bank with two branches and $58 million of loans.

Read More from: BankThink

2020-12-22
On December 22, 2020, San Diego, California-based Renovate America, Inc., an environmentally-friendly home improvement financing company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District
2020-12-22
On December 22, 2020, San Diego, California-based Renovate America, Inc., an environmentally-friendly home improvement financing company, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District
2020-12-22
Some good news for most of us in the deal Congress finally reached – having waited for the election. Cash – Evictions – Unemployment- Foreclosures $600 cash for most of us. Can’t hurt, right?

Read More from: Stop Creditor

2020-12-22
Demand for home purchases and car loans would need to increase substantially to make up for what's expected to be a sharp drop in refinancing revenue.

Read More from: BankThink

2020-12-21
Venture capitalists will shift their focus to fintechs that support financial inclusion, according to Emmalyn Shaw, managing partner of the VC firm Flourish. Meanwhile, challenger banks will continue to grow, she says.

Read More from: BankThink

2020-12-21
The bank's release from a five-year-old enforcement action would mark progress in CEO Charlie Scharf's efforts to resolve its sprawling regulatory problems.

Read More from: BankThink

2020-12-21
Sarah Canepa Bang will serve as a senior advisor to the agency's vice chairman. Separately, a 27-year veteran of the regulator announced plans to retire.

Read More from: BankThink

2020-12-21
Under the Federal Reserve’s loosened restrictions, big banks can buy back a limited amount of their stock starting next quarter, but only JPMorgan Chase has announced detailed plans to do so.

Read More from: BankThink

2020-12-21
On December 21, 2020, Denver, Colorado-based PBS Brand Co., LLC, which owns and operates “Punch Bowl Social” restaurants and bars across the U.S., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the
2020-12-21
On December 21, 2020, Denver, Colorado-based PBS Brand Co., LLC, which owns and operates “Punch Bowl Social” restaurants and bars across the U.S., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the
2020-12-21
Citigroup promoted 70 women in its latest class of managing directors, the most ever but still less than a third of the total.

Read More from: BankThink

2020-12-21
The pandemic and social unrest made 2020 one of the most challenging years in recent memory, but there is much the industry can learn from the past 12 months.

Read More from: BankThink

2020-12-21
The pandemic has forced Bank of America, Chase, PCSB and other banks to find new ways to maintain connections with their customers and communities.

Read More from: BankThink

2020-12-21
The Pennsylvania senator, who will chair the Banking Committee if Republicans hold their majority, agreed to modify an amendment restricting the Federal Reserve’s emergency powers that Democrats had criticized as too extreme.

Read More from: BankThink

2020-12-21
At least two items on the industry's Paycheck Protection Program wish list were delivered: provisions allowing many existing borrowers to obtain new funding and streamlined forgiveness for loans of $150,000 or less.

Read More from: BankThink

2020-12-21
A long-awaited COVID-relief package in Congress is expected to extend liquidity measures for the industry and provide assistance to consumers that could help lenders avoid rising delinquencies.

Read More from: BankThink