2020-11-03
The company said one of its regulators may impose a civil money penalty related to compliance deficiencies in its advisory business and other areas. The matter echoes a recent fine imposed on Citigroup, one expert says.
Read More from: BankThink
2020-11-03
A deal bringing Charleston County Teachers Federal Credit Union into the fold is South Carolina Federal’s third acquisition of 2020.
Read More from: BankThink
2020-11-03
Giant banks have racked up more than $4 billion in U.S. penalties in a wave of settlements weeks before the presidential election.
Read More from: BankThink
2020-11-03
On November 2, 2020, Checkmate Communications, LLC of Jersey City, NJ filed a voluntary petition for relief under Chapter 11 of the Bankru
Read More from: Bankruptcy and Restructuring Law Monitor
2020-11-03
On November 2, 2020, Checkmate Communications, LLC of Jersey City, NJ filed a voluntary petition for relief under Chapter 11 of the Bankru
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-11-03
The company is looking to tap into a surge of homebuying tied to historically low interest rates.
Read More from: BankThink
2020-11-03
Anand Selva will succeed incoming CEO Jane Fraser in her former role; the bank said Brad Hu is leaving on his own terms but his department has been under fire from regulators.
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2020-11-03
A look at how credit unions and the industry at large have intersected with the 2020 election.
Read More from: BankThink
2020-11-02
A prosperous decade leading up to the pandemic had left lenders in good shape, but they're worried the economic shock to the state's most vital industry could linger into 2022.
Read More from: BankThink
2020-11-02
The departure of Brad Hu at the end of the year opens the door for Citi’s soon-to-be CEO Jane Fraser to hire someone new to oversee the bank’s massive risk systems overhaul.
Read More from: BankThink
2020-11-02
Jane Allerman-Rey, the mutual's chief operating officer, will take on the new role in January.
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2020-11-02
Haegelin spent several decades in the credit union movement, including helping found the nonprofit Credit Unions for Kids.
Read More from: BankThink
2020-11-02
Customers say the Beam savings app is down and the company isn't returning their money. The situation is putting third parties like Huntington and Dwolla in the firing line, though they say they're not at fault.
Read More from: BankThink
2020-11-02
Election day is upon us, and we’ve got a special episode this week to show for it! We were joined by a very special guest, Representative Arnold Mooney to discuss the importance of voting, and election day itself.
Read More from: Bonds & Botes, P.C.
2020-11-02
Aissatou Barry-Fall, a 30-year veteran of the credit union, has been promoted to chief executive.
Read More from: BankThink
2020-11-02
Kleber Santos will be responsible for building a more inclusive workforce and designing products that meet the needs of a broader, more diverse range of customers.
Read More from: BankThink
2020-11-02
Payment rates for auto lenders and credit card issuers have remained strong despite a spike in unemployment. Whether these trends continue into 2021 will depend largely on the actions of Congress and the pace of medical advances.
Read More from: BankThink