2021-01-20
Citigroup will reduce bonuses for dozens of its top executives after the bank was reprimanded by regulators last year.
Read More from: BankThink
2021-01-20
Hundreds of branches temporarily shuttered during the pandemic are now permanently closed.
Read More from: BankThink
2021-01-20
The agency used a notation vote to advance the final measure, the third time it has used that method in a month.
Read More from: BankThink
2021-01-20
On January 6, 2020, the SBA published its 26th Interim Final Rule
Read More from: Bankruptcy and Restructuring Blog
2021-01-20
After a pivotal Supreme Court ruling last year, the Trump administration’s handpicked leader of the Consumer Financial Protection Bureau was widely expected to leave voluntarily or be fired by the new president.
Read More from: BankThink
2021-01-20
The 46th president's agenda for financial regulation is already moving ahead, based on the people he's chosen to put in key roles.
Read More from: BankThink
2021-01-20
In January 2020, we analyzed a split among the Circuit Courts regarding whether a non-debtor holding a debtor’s property on the petition date has an affirmative obligation under section 362(a)(3) of the Bankruptcy Code to return that property to t
Read More from: Business Finance & Restructuring News - Weil
2021-01-20
The credit union announced a $1 million commitment to the New Jersey Education Association spread over 10 years, with the first installment helping expand the group’s Human and Civil Rights Division.
Read More from: BankThink
2021-01-20
Lenders are expecting strong demand for the small business loans, especially for second-timers; a steeper yield curve is helping profits, but stronger loan growth would help even more.
Read More from: BankThink
2021-01-20
After a slowdown in 2020, inventory shortages and other factors could make the months ahead a grind for many lenders.
Read More from: BankThink
2021-01-19
After withdrawing two previous bids, the e-commerce company submitted an application to the FDIC outlining a significantly simpler business model for a proposed industrial loan company.
Read More from: BankThink
2021-01-19
The state agency alleged potential violations of “unlawful, unfair, deceptive or abusive” practices by a dozen companies.
Read More from: BankThink
2021-01-19
The Illinois company will pay $191 million for the parent of Glenview State Bank.
Read More from: BankThink
2021-01-19
Members of the Gunther family who own nearly a third of the company's stock are urging the board to consider strategic alternatives.
Read More from: BankThink
2021-01-19
The pandemic has made for strange bedfellows. Case in point: Western Union and MoneyGram will soon share Walmart as a landlord.
Read More from: BankThink
2021-01-19
In a request for information, the agency sought feedback on how it should prioritize climate risks as part of its supervision of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
Read More from: BankThink
2021-01-19
LendingClub, poised to be the first U.S. online lender to buy a bank, says the transaction will be completed in early February now that it has received approvals from the Office of the Comptroller of the Currency and the Federal Reserve.
Read More from: BankThink
2021-01-19
Former Fed Chair Janet Yellen told senators that as Treasury secretary she would create a “hub” to examine the effects of a changing climate on financial institutions and create a database of companies' true owners as required by a recent anti-mon
Read More from: BankThink
2021-01-19
Its Marcus unit continues to invest in new products and business lines, delaying its path to profitability, according to Goldman Sachs CEO David Solomon.
Read More from: BankThink
2021-01-19
Payments activity “snapped back” in the fourth quarter and should lift revenue the next few quarters, CEO Brian Moynihan said.
Read More from: BankThink