2020-03-06
State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk.
Read More from: BankThink
2020-03-06
A handful of banks keep trying to make the customer-Alexa connection happen; banks are more worried about payments firms than other types of fintechs; how financial institutions are coping with COVID-19; and more from this week’s most-read stories
Read More from: BankThink
2020-03-06
Unity National Bank of Houston, which has reported losses three straight years, is receiving guidance and resources from Citigroup through a Treasury mentoring program.
Read More from: BankThink
2020-03-06
Wells Fargo hopes to anchor its debit card at the top of customers’ digital wallets with a promotion offering users a $5 credit.
Read More from: BankThink
2020-03-06
The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.
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2020-03-06
The agency's effort to engage with lawmakers on a whistleblower award program is one of three initiatives the bureau announced to advance its strategy of preventing consumer harm.
Read More from: BankThink
2020-03-06
Each month members of Gordian Group team pick articles, posts or current news events that we found interesting and worth sharing with Gordian clients and our growing network .
Read More from: Gordian Group
2020-03-06
Harit Talwar, the head of Goldman Sachs' consumer banking business, is in the running for one of India's top banking jobs.
Read More from: BankThink
2020-03-06
U.S. lawmakers are pushing regulators to provide room for banks to work out loans with businesses and consumers who may be affected by the coronavirus.
Read More from: BankThink
2020-03-06
Upcoming Committee Formation Meeting: Wednesday, March 11, 2020
Case Name: 20-10475 (BLS)
Location: Sheraton Suites 422 Delaware Avenue Wilmington, DE 19801
Read More from: Bankruptcy and Restructuring Law Monitor
2020-03-06
Upcoming Committee Formation Meeting: Wednesday, March 11, 2020
Case Name: 20-10475 (BLS)
Location: Sheraton Suites 422 Delaware Avenue Wilmington, DE 19801
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-03-06
Potential replacements for the bank's longtime CEO include consumer banking chief Gordon Smith, investment banking head Daniel Pinto, Chief Financial Officer Jennifer Piepszak and consumer lending CEO Marianne Lake.
Read More from: BankThink
2020-03-06
Wells Fargo remains the TBTF poster child and regulators continue to do too little to address the problem. And as always, small banks suffer collateral damage.
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2020-03-06
The JPM CEO is “recovering well” as the bank’s two co-presidents assume control; the House finance chairwoman says the bank board members neglected their duty.
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2020-03-05
Investors Target Distressed Cannabis Companies for New Opportunities
Could it be a win-win deal?
Read More from: Gordian Group
2020-03-05
Most states have some kind of pricing limit on consumer loans. But proposals for a national usury law divide even Democrats, some of whom are concerned about restricting credit.
Read More from: BankThink
2020-03-05
Challenging business conditions, exacerbated by coronavirus fears, have disrupted organizers' planning efforts.
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2020-03-05
Every situation is different and needs its own legal scrutiny. And we are not attorneys. But many corporate directors, particularly those who have never been through the distressed experience, will be rightly concerned.
Read More from: Gordian Group
2020-03-05
JPMorgan Chase & Co. said Chief Executive Officer Jamie Dimon underwent emergency heart surgery and that it’s placing co-Presidents Daniel Pinto and Gordon Smith in charge during his recuperation.
Read More from: BankThink
2020-03-05
As part of a review, the agency said it had identified requirements dealing with operating subsidiaries, non-controlling investments by banks and other corporate activities that were no longer necessary.
Read More from: BankThink