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
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
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
Read More from: Bankruptcy and Restructuring Law Monitor
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
2020-12-04
The payments processor will offer banking products to its customers through Goldman Sachs and Citigroup; but Judy Shelton’s nomination remains in doubt.
Read More from: BankThink
2020-12-04
Acquirers shelved plans to buy banks this year as the coronavirus became widespread but a combination of factors in the months ahead could spur the confidence to restart those conversations.
Read More from: BankThink
2020-12-03
Fannie hasn't completed any credit risk transfers to private investors since the second quarter.
Read More from: BankThink
2020-12-03
Thanks to a frenzy of transactions in the past week, 2020 is already the second-busiest year since the financial crisis for deals involving banks, financial technology companies, insurers and asset managers.
Read More from: BankThink
2020-12-03
In the aftermath of the November elections, we thought it worthwhile to revisit the economic and market risks Biden is facing.
Read More from: Gordian Group
2020-12-03
The initiative is the latest offshoot of Project REACh, which was developed by the OCC over the summer to bring together bankers, community leaders and civil rights organizers in an attempt to expand access to credit.
Read More from: BankThink
2020-12-03
The banks will aim to attract new small-business customers by targeting the merchants that use Stripe's payment processing platform.
Read More from: BankThink
2020-12-03
The economic fallout from COVID-19 has highlighted systemic concerns about commercial real estate exposure, business debt and short-term wholesale funding, the Financial Stability Oversight Council said in an annual report.
Read More from: BankThink
2020-12-03
A number of reasonable changes to the National Credit Union Share Insurance Fund could help NCUA avoid charging premiums.
Read More from: BankThink
2020-12-03
As Congress moves to spur more coin production, banks and retailers are running campaigns urging consumers to empty their piggy banks to get more change into circulation.
Read More from: BankThink
2020-12-03
New analysis from S&P shows credit unions near $1 billion of assets and above continuing to dominate the industry's performance in the Paycheck Protection Program as some CUs dedicate a substantial portion of their portfolios to the effort.
Read More from: BankThink
2020-12-03
Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.
Read More from: BankThink
2020-12-03
Webster Bank and Customers Bank are among the lenders that have turned to alternative data sources and automated loan reviews to assess business customers' ability to weather the coronavirus pandemic.
Read More from: BankThink
2020-12-03
Senators voted 48-47 to put Christopher Waller on the Federal Reserve Board, concluding a confirmation process that had been dragged out for months because of controversy surrounding a separate nomination for Judy Shelton.
Read More from: BankThink
2020-12-03
With R. Scott Blackley planning to leave for a role at a health-insurance startup, the credit card giant is promoting longtime executive Andrew Young.
Read More from: BankThink