ABI Blog Exchange

2020-12-07
On December 7, 2020, CSI Technologies, LLC, an affiliate of lead-debtor Superior Energy Services, Inc., a provider of specialized oilfield services and equipment, filed a
2020-12-07
Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays.

Read More from: BankThink

2020-12-07
On November 30, 2020, the Board of Governors of the Federal Reserve System, the OCC, and the FDIC released a statement that details the projected timeline of the transition away from the U.S. Dollar London Interbank Offered Rate (“LIBOR”).

Read More from: Krieg DeVault

2020-12-06
Banking trade organizations are usually cautious about making endorsements. But with Democrats winning the White House and control of Congress on the line in the two races, some groups are pouring in cash for the GOP candidates.

Read More from: BankThink

2020-12-04
The Consumer Financial Protection Bureau alleges that the online lender made loans that exceeded a federal cap on interest rates for active-duty service members.

Read More from: BankThink

2020-12-04
What PNC has in mind for BBVA's technology; banks and borrowers bristle at SBA questionnaire on large PPP loans; a look at who might be buying if HSBC decides to sell its branches; and more from this week's most-read stories.

Read More from: BankThink

2020-12-04
The company aims to help borrowers apply for home loans in as little as 15 minutes by automating immediate validation of bank information used in qualification.

Read More from: BankThink

2020-12-04
The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move.

Read More from: BankThink

2020-12-04
The incoming Biden administration must take steps to block mergers that could create monopolies, such as Visa's pending acquisition of a competitor.

Read More from: BankThink

2020-12-04
Adolfo Marzol came to the agency after a stint at HUD and a 30-year career in the mortgage industry. He will depart on Dec. 18.

Read More from: BankThink

2020-12-04
The Waterbury, Conn., parent company of Webster Bank joins a fast-expanding list of banks reducing the size of their branch networks to save money and focus on digital capabilities.

Read More from: BankThink

2020-12-04
Citigroup’s Michael Corbat said he’s worried about potential long-term negative effects after many of his employees spent the vast majority of 2020 working from home.

Read More from: BankThink

2020-12-04
On December 3, 2020, Francesca’s Holding Corporation, a Houston-based apparel, jewelry, accessories, and gift retailer with approximately 558 locations in 45 states, and its subsidiaries filed petitions for relief under Chapter 11 of the Bankruptc
2020-12-04
On December 3, 2020, Francesca’s Holding Corporation, a Houston-based apparel, jewelry, accessories, and gift retailer with approximately 558 locations in 45 states, and its subsidiaries filed petitions for relief under Chapter 11 of the Bankruptc
2020-12-04
The company is looking to shutter 10 of its 63 branches over coming months, reflecting a shift in customer preferences.

Read More from: BankThink