ABI Blog Exchange

2021-01-06
Well—Finally 2020 is hind sight!! And hind sight is 2020! (or so they say) But 2020 has another “visual” meaning—Someone with 20/20 vision has “perfect” eye sight—clear vision.

Read More from: Bonds & Botes, P.C.

2021-01-06
Acting Comptroller of the Currency Brian Brooks pushed back on a recommendation from a task force — appointed by Consumer Financial Protection Bureau — suggesting that Congress should give the CFPB the authority to charter and regulate fintechs.

Read More from: BankThink

2021-01-06
The Office of the Comptroller of the Currency’s proposal to ensure banking services are available to polarizing businesses contradicts long-standing guidance on managing reputational risk, big banks argue.

Read More from: BankThink

2021-01-06
The multifamily lender named Michael Levine as board chairman, succeeding Dominick Ciampa, who held the role for 10 years. The move comes less than a week after longtime CEO Joseph Ficalora abruptly retired and was replaced by Thomas Cangemi.

Read More from: BankThink

2021-01-06
As Covid-19 forced lockdowns across the nation, unemployment skyrocketed, and many industries screeched to a halt as the Gross Domestic Product fell by more than 30 percent in the second quarter of 2020.

Read More from: Young, Marr & Associates

2021-01-06
The short answer to this question is yes. Any individual can file a bankruptcy case on their own, even if they are married.

Read More from: Young, Marr & Associates

2021-01-06
The timing of when a bankruptcy case might be the best option can vary depending on your circumstances, as well as intentions with your home.

Read More from: Young, Marr & Associates

2021-01-06
The third edition of my Corporate Finance textbook is out and available for use in the Spring Semester.

Read More from: Credit Slips

2021-01-06
Congress acted first when it freed financial firms from having to disclose the beneficial owners of commercial clients.

Read More from: BankThink

2021-01-06
The North Carolina regional has sold an advisory business and has found buyers for two 401(k) bookkeeping operations.

Read More from: BankThink

2021-01-06
By Keila Estevez Associate, Bernstein-Burkley, P.C. Keri Ebeck, Esq. Partner at Bernstein-Burkley, P.C. On December 27, 2020, President Trump signed a new $900 billion COVID-19 Relief Package. The bill provides …

Read More from: Bernstein-Burkley, P.C.

2021-01-06
If you haven't met Suzanne Shank you should. She is the chair and CEO of Siebert Brandford Shank & Co. LLC, the nation’s largest female-and minority-owned, privately held finance firm, which she started with the legendary Muriel Siebert.

Read More from: BankThink

2021-01-06
CO Federal Credit Union, which has $4.5 million in assets and serves just 785 members, was conserved due to unsafe and unsound practices, the regulator said.

Read More from: BankThink

2021-01-06
By Keila Estevez Associate, Bernstein-Burkley, P.C. On December 27, 2020, President Trump signed a new $900 billion COVID-19 Relief Package. The bill provides for certain bankruptcy protections.

Read More from: Bernstein-Burkley, P.C.

2021-01-06
 $600 stimulus (actually advance on tax credit) not subject to assignment/levy.

Read More from: Tampa Bankruptcy

2021-01-06
While a positive development, the bank is still operating under 10 other enforcement actions; the president said Alipay, WeChat Pay and six other apps pose national security risks.

Read More from: BankThink

2021-01-06
Several members of Congress challenging the result of the 2020 presidential contest received financial support from trade groups that could find themselves in hot water with some constituents.

Read More from: BankThink