ABI Blog Exchange

2021-01-21
The Wall Street bank’s 51% jump in net income caps a strong earnings season for the biggest banks; President Biden is expected to nominate Michael Barr, a former assistant treasury secretary who helped write the 2010 Dodd-Frank Act, as comptroller

Read More from: BankThink

2021-01-21
Lenders only ask for a co-signer when they

Read More from: Discharge Student Loan

2021-01-20
The administration faces a slew of immediate financial policy tasks, such as passing a new round of small-business aid, charting a course for Fannie Mae and Freddie Mac and filling vacant agency leadership posts.

Read More from: BankThink

2021-01-20
Providence, R.I.-based Citizens Financial has largely focused on nonbank deals in recent years, but CEO Bruce Van Saun said the race for scale in the industry is prompting more banks — including his own — to consider mergers.

Read More from: BankThink

2021-01-20
I am pleased to announce, Heather Ellis Banks

Read More from: Bonds & Botes, P.C.

2021-01-20
The company, poised to complete its purchase of Radius Bank, will enjoy new cross-selling opportunities, gain additional sources of fee income and capital as well as benefit from greater regulatory clarity, CEO Scott Sanborn says.

Read More from: BankThink

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
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
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