2020-12-16
Citigroup will soon offer workers the ability to take a 12-week sabbatical as part of a bevy of new employee perks in the wake of the coronavirus pandemic.
Read More from: BankThink
2020-12-16
Bansley & Kiener, without admitting wrongdoing, agreed to pay $2.5 million to address allegations that lax oversight contributed to the 2017 collapse of Washington Federal Bank for Savings.
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2020-12-16
Tonia Clark will leave Las Colinas FCU to take the helm of $116 million-asset Allied.
Read More from: BankThink
2020-12-16
On December 16, 2020, In-Shape Holdings, LLC, of Stockton, CA, a health club operator that had operated 65 clubs prior to the Covid-19 pandemic, and two affiliates filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptc
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-16
On December 16, 2020, In-Shape Holdings, LLC, of Stockton, CA, a health club operator that had operated 65 clubs prior to the Covid-19 pandemic, and two affiliates filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptc
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-16
The eurozone’s conditions on resumed payouts are stricter than those announced by the Bank of England; the central bank has joined the international network on limiting climate change risks.
Read More from: BankThink
2020-12-16
Social distancing has put a crimp in the credit union industry's usual philanthropic activities, but many institutions are finding new ways to give back during this festive season.
Read More from: BankThink
2020-12-16
Creditors such as banks and credit unions are generally not considered “debt collectors” under the FDCPA.
Read More from: Krieg DeVault
2020-12-15
A new report from McKinsey says that cost-cutting alone won’t make up for the steep revenue declines brought on by low interest rates and sluggish loan demand. “For some banks,” argues the report’s author, “mergers might be the best way out.”
Read More from: BankThink
2020-12-15
The Independent Community Bankers of America had planned to hold its annual conference in Hawaii before the coronavirus pandemic hit.
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2020-12-15
Columbus Metro Federal Credit Union members will have access to more products, including commercial loan services, and 14 branches with the merger.
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2020-12-15
Federal banking agencies want to give the industry a hard deadline for notifying their regulators about serious security breaches and failed system upgrades.
Read More from: BankThink
2020-12-15
In a very convoluted case, a plaintiff learned that removal to Bankruptcy Court can result in a do-over of adverse state court rulings. Cohen v. Gilmore (Matter of Alabama & Dunlavy), Case No.
Read More from: A Texas Bankruptcy Lawyer's Blog
2020-12-15
Fifth Third is partnering with Provide and Panacea Financial works with Sonabank in Virginia to meet the specialized needs of medical professionals who own their own practices.
Read More from: BankThink
2020-12-15
The revamp of the brokered deposits framework offers relief to banks and their partners that saw the prior rule as outdated.
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2020-12-15
Cardtronics has benefited from a wave of branch closings during the pandemic by partnering with lenders looking to offer their customers access to cash even when a full-scale branch isn’t available.
Read More from: BankThink
2020-12-15
The Federal Reserve said Tuesday that it had joined the Network of Central Banks and Supervisors for Greening the Financial System after participating in discussions with the group for over a year.
Read More from: BankThink