2021-01-16
The National Rifle Association likes guns. Texans like guns. Therefore, when the NRA decided to file bankruptcy, there was a certain logic to filing in Texas.
Read More from: A Texas Bankruptcy Lawyer's Blog
2021-01-15
The McLean, Va.-based company admitted that it failed to file suspicious activity reports even in cases when it knew about criminal charges against specific customers.
Read More from: BankThink
2021-01-15
Weeks away from succeeding Michael Corbat, Jane Fraser said she’d consider streamlining some units or divesting others as part of her effort to kick-start return on equity.
Read More from: BankThink
2021-01-15
CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.
Read More from: BankThink
2021-01-15
South African bank's approach to chatbots offers lessons for U.S. players; small lenders embrace automation for latest PPP round; flush with capital, Canadian banks eye U.S. acquisitions; and more from this week's most-read stories.
Read More from: BankThink
2021-01-15
Cybersecurity remains a priority along with CARES Act compliance, flexibility for borrowers impacted by the pandemic and more.
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2021-01-15
The Pittsburgh company intends to continue adding commercial offices and retail branches in markets it had been eyeing before agreeing to buy BBVA USA for $11.6 billion.
Read More from: BankThink
2021-01-15
The OCC had hit James Strother and other executives with civil charges a year ago in connection with the bank's phony-accounts scandal. His monetary penalty is lower than what the agency had first floated.
Read More from: BankThink
2021-01-15
JPMorgan Chase CEO Jamie Dimon fired a warning shot Friday at financial technology upstarts such as Chime and Plaid.
Read More from: BankThink
2021-01-15
Federal relief efforts have minimized loan losses so far, but risks remain in credit card, auto and business lending. Many borrowers will need another lifeline to stay afloat until the economy rebounds, CEO Jamie Dimon says.
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2021-01-15
By Jeffrey C. Toole Partner, Bernstein-Burkley, P.C. Under Section 362(a)(3) of the Bankruptcy Code, the filing of a bankruptcy petition automatically operates as a “stay” applicable to all entities of “any …
Read More from: Bernstein-Burkley, P.C.
2021-01-15
Businesses owned by minorities and women got a head start this week in a new round of $284 billion funding, and early anecdotal evidence suggests stronger demand coming from these businesses.
Read More from: BankThink
2021-01-15
By Jeffrey C. Toole Partner, Bernstein-Burkley, P.C.
Read More from: Bernstein-Burkley, P.C.
2021-01-15
In these uncertain times, strengthening relationships with clients is the one thing front-line bankers can control.
Read More from: BankThink