2021-03-30
On March 29, 2021, AeroCentury Corp., a Calif.-based publicly traded aircraft operating lessor and finance company specializing in leasing regional aircraft and engines to regional airlines and commercial users in 15 countries, announced it and ce
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-03-30
Everything that costs you money to live goes into your budget. Which includes Electronic Funds Transfers from your bank account. And debit cards. And credit cards, until you stop using them.
Read More from: Stop Creditor
2021-03-29
Over the past year, bankers have been able to sit back and field calls from borrowers eager to take advantage of low rates. Now, with rates rising, many in the industry will likely adopt a more aggressive approach.
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Read More from: BankThink
2021-03-29
Sam Sidhu, whose father is CEO Jay Sidhu, will become president and chief executive of Customers Bank in July.
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Read More from: BankThink
2021-03-29
Abstract: Imagine if you bought a refrigerator from BestBuy on credit and BestBuy reserved the right to disable that refrigerator remotely if you failed to pay.
Read More from: NC Bankruptcy Expert
2021-03-29
The federal banking and credit union agencies want input about how financial institutions use artificial intelligence for credit underwriting and other purposes, and about whether additional regulatory guidance is needed.
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Read More from: BankThink
2021-03-29
Large U.S. banks are directing their venture capital dollars to fintechs in capital markets, wealth management and "future-proofing."
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Read More from: BankThink
2021-03-29
The Cities for Financial Empowerment Fund, a nonprofit that seeks to improve financial stability of low- and moderate-income households, validated the account under its Bank On initiative.
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Read More from: BankThink
2021-03-29
Sen. Pat Toomey, R-Pa., warned the regional Federal Reserve bank that its papers about environmental, social and corporate governance policies hurt its ability to stay neutral on partisan issues.
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Read More from: BankThink
2021-03-29
The District Court for the Northern District of California affirmed the bankruptcy court's ruling finding a condominium association violated the automatic stay and discharge injunction as to collection activities on post-petition dues on a surr
Read More from: Tampa Bankruptcy
2021-03-29
A recent statement by acting Director Dave Uejio is the clearest signal that the agency plans to revive strong underwriting standards that the Trump administration eliminated.
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Read More from: BankThink
2021-03-29
Like their counterparts in the U.K., U.S. regulators should be working closely with the private sector to establish principles and guardrails to direct and focus tech advancements in ways that will protect consumers and financial stability.
Read More from: BankThink
2021-03-29
The move is part of a broader push at Citigroup to reduce carbon emissions. Jane Fraser, who took over as CEO on March 1, vowed on her first day that the bank would achieve net-zero greenhouse gas emissions in its financing activities by 2050.
Read More from: BankThink
2021-03-29
Bankruptcy courts often dismiss appeals of chapter 11 plans when granting the relief requested in the appeal would undermine the finality and reliability of the corresponding plans, a doctrine known as Equitable Mootness.
Read More from: Business Finance & Restructuring News - Weil
2021-03-29
Visa Inc. said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain technology gains more acceptance in the established financial system.
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Read More from: BankThink
2021-03-29
Peoples Bancorp will pay $292 million for the West Virginia company. It also announced it's buying a leasing company in Vermont.
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Read More from: BankThink