2020-09-18
The Federal Reserve and the Treasury Department released a set of FAQ's aimed to clearing up misconceptions about the Main Street Lending program and encouraging more bank participation.
Read More from: BankThink
2020-09-18
The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.
Read More from: BankThink
2020-09-18
Citigroup is embarking on hiring 6,000 young people in Asia over the next three years in an effort to help cushion the region from a blowout in youth unemployment.
Read More from: BankThink
2020-09-18
The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.
Read More from: BankThink
2020-09-18
Bank of America Chief Executive Brian Moynihan called for another round of federal stimulus to help the U.S. reach a full economic recovery from the coronavirus pandemic.
Read More from: BankThink
2020-09-18
Weil has won two awards at the IFLR1000’s inaugural United States Awards. The awards recognize “the most innovative U.S.
Read More from: Business Finance & Restructuring News - Weil
2020-09-18
After two years of helping banks connect globally to domestic faster payments rails, Swift is planning to expand on that concept.
Read More from: BankThink
2020-09-18
Sounds like a lot, but the student loan debt erasure seems to apply to only 35,000
Read More from: Discharge Student Loan
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.
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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.
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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