2021-01-12
A team led by Michael Lipsitz, a lawyer hired away from Santander last year, will look at everything from whether prices are fair to whether complaint data contains notable trends.
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2021-01-12
Federal Reserve Gov. Lael Brainard said regulators are seeking to "understand the potential benefits and risks" from utilizing artificial intelligence in the financial services sector.
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2021-01-12
Australia Hoover, who started as a call center employee in 1996, succeeds Betsy Mercier, who is retiring after 22 years at the helm.
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2021-01-12
In the wake of last week's riot at the U.S. Capitol, New York-based Signature is also calling on the president to resign before his term ends next week.
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2021-01-12
The Stamford, Conn.-based credit card issuer said Tuesday that Brian Doubles, the president and former chief financial officer, will succeed Margaret Keane in April.
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2021-01-12
Bank of America’s employee-funded political action committee is putting its allocation decisions on hold after a right-wing mob stormed the U.S. Capitol last week.
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2021-01-12
The giant retailer is looking to expand its menu of financial services products; in the face of competition, the banks are trying to simplify the product to get more people to use it.
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2021-01-12
Do you want to keep your house? As with all these points, hey, if you know how, it’s like being your own brain surgeon, knock yourself out, so to speak. What about reaffirm your mortgage?
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2021-01-12
Industry groups say the coronavirus has highlighted additional risks faced by institutions without a diverse member base.
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2021-01-11
Flush with excess capital, Bank of Montreal, TD Bank and others say they might be in the market to do a cross-border deal.
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The Save Our Stages Act – Time for Eligible Businesses to Get Ready for Their Audition (Part 1 of 2)
2021-01-11
Among the various bills that were amalgamated in the Consolidated Appropriations Act, 2021 (the omnibus appropriations and stimulus funding bill that was signed into law on December 27, 2020) was a modified version of the Save Our Stages Act (the
Read More from: Bankruptcy and Restructuring Blog
2021-01-11
The retail giant is teaming with the investment group Ribbit Capital on the venture, which will aim to provide new services to Walmart customers and employees.
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2021-01-11
Bank stocks have climbed because of expectations that the change of power in Washington will hasten vaccine distribution and speed the economic recovery.
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2021-01-11
On January 11, 2021, Washington, DC-based Wardman Hotel Owner, LLC, the owner of real property in Washington that formerly operated as the Washington Marriott Wardman Park Hotel, filed a petition for relief under Chapter 11 of the Bankruptcy Code
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-01-11
On January 11, 2021, Washington, DC-based Wardman Hotel Owner, LLC, the owner of real property in Washington that formerly operated as the Washington Marriott Wardman Park Hotel, filed a petition for relief under Chapter 11 of the Bankruptcy Code
Read More from: Bankruptcy and Restructuring Law Monitor
2021-01-11
BBVA’s acquisition of Simple, the first neobank, was closely watched as a possible model for others in the industry.
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2021-01-11
Following similar decisions by big banks, the Consumer Bankers Association and Mortgage Bankers Association said they will halt all political contributions to elected officials as some lawmakers face harsh criticism for comments that incited the s
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2021-01-11
Brian McVeigh passed away on Dec. 31, following a 14-month battle with brain cancer, according to a release from the Michigan Credit Union League, having spent more than 35 years serving in a variety of roles at CUs across the state.
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2021-01-11
The San Francisco company has faced financing challenges as its customers, largely lower-income Latinos, have struggled to keep up with monthly payments.
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