2021-03-16
The company will pay $29 million for Town-Country National Bank in Camden, Ala., which will operate as its own subsidiary after the deal closes.
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2021-03-16
M&F Bancorp in North Carolina plans to use some of the $18 million it received from big banks to make overdue improvements to its commercial lending platform.
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2021-03-16
Seven years after regulators issued guidance to financial institutions, a small Michigan credit union was ordered to stop opening new accounts for marijuana businesses.
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2021-03-16
The company is still searching for someone to fill the roll on a full-time basis, but the $600,000 annual salary cap may limit the candidate pool.
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2021-03-16
Citigroup’s dealmakers have been keeping busy with family offices looking to get in on the blank-check frenzy. Now the lender wants to bring its private bank a piece of the action.
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2021-03-16
Mastercard and Visa's one-year delay is only a partial victory for retailers, who want the networks to have less power to set rates.
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2021-03-16
Banks have borne the brunt of the criticism from consumers still waiting for coronavirus relief funds to land in their accounts. But the industry says the lag time is the fault of the government and its antiquated payments system
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2021-03-16
The proposed legislation is similar to a package put forward in 2020 and another introduced in the House in 2019.
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2021-03-16
After postponing enforcement for years, the card brands are implementing an EMV liability shift at fuel stations, which still struggle to make the upgrades necessary for chip-card acceptance.
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2021-03-16
Government relief programs and lenders’ forbearance have kept U.S. small businesses from defaulting on their debt en masse as revenue slumped during the pandemic crisis, according to a new analysis.
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2021-03-16
Hood Qaim-Maqami, divisional CIO at the Bank of New York Mellon, has ideas about how technology can be used to make people feel connected.
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2021-03-16
Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic.
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2021-03-16
Economists see few signs of a repeat of the 2006 bust, which ignited a global recession; the firms are winning a bigger piece of the corporate bond market as issuers seek wider markets.
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Read More from: BankThink
2021-03-15
Big banks led the push to offer multibillion-dollar bonds that fund affordable housing, education and nonprofits that serve needy communities.
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2021-03-15
On March 15, 2021, Nine Point Energy Holdings, Inc., a Denver-based private exploration & production company focused on the Williston Basin, and its affiliate Foxtrot Resources LLC, filed for chapter 11 protection in the Bankruptcy Court for t
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-03-15
On March 15, 2021, Nine Point Energy Holdings, Inc., a Denver-based private exploration & production company focused on the Williston Basin, and its affiliate Foxtrot Resources LLC, filed for chapter 11 protection in the Bankruptcy Court for t
Read More from: Bankruptcy and Restructuring Law Monitor
2021-03-15
On March 14, 2021, HighPoint Resources Corporation and its affiliates, a Denver, Colorado based company focused on the development of oil and natural gas assets located in the Denver-Julesburg Basin of Colorado, filed a petition for relief under C
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog