2021-03-08
Goldman Sachs is evaluating what to do with about $29 billion of debt and preferred stock it issued that’s pegged to dollar Libor and doesn’t mature until after the discredited benchmark expires in mid-2023.
Read More from: BankThink
2021-03-08
The comments by Federal Deposit Insurance Corp. Chair Jelena McWilliams published in Politico reinforce optimism that the banking agencies could settle years of disagreement about modernizing the Community Reinvestment Act.
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2021-03-08
“We were already shifting to recruiting more problem solvers than people handling transactions,” said Robert Fisher, CEO of Tioga State Bank in New York and incoming chairman of the Independent Community Bankers of America.
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2021-03-08
The industry saw deposits rise by nearly 20% last year, in part due to economic stimulus measures from the government. More of the same could be coming once President Biden signs the latest stimulus bill into law.
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2021-03-08
On March 8, 2021, CarbonLite Industries LLC and several affiliates, which operate the world’s largest bottle-to-bottle recycling company, filed
Read More from: Bankruptcy and Restructuring Law Monitor
2021-03-08
On March 8, 2021, CarbonLite Industries LLC and several affiliates, which operate the world’s largest bottle-to-bottle recycling company, filed
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-03-08
HoldCo Asset Management, which gains two board seats from a standstill agreement, had expressed disappointment that the Boston company hired a CEO instead of pursuing a sale.
Read More from: BankThink
2021-03-08
Nonbanks had worried the end of the Paycheck Protection Program Liquidity Facility would hurt their ability to lend to small businesses. On Monday, the Federal Reserve announced the facility would be extended for three months.
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2021-03-08
PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies.
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2021-03-08
In "Democracy Declined," Duke public policy professor Mallory SoRelle argues that policymakers should be more aggressive in combating unfair lending practices.
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2021-03-08
On March 7, 2021, Medley LLC, a New York, NY-based financial services company, filed a petition for relief under Chapter 11 of the Bankrupt
Read More from: Bankruptcy and Restructuring Law Monitor
2021-03-08
On March 7, 2021, Medley LLC, a New York, NY-based financial services company, filed a petition for relief under Chapter 11 of the Bankrupt
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-03-08
Labor said it’s satisfied with the changes the bank has made to hire more Black managers; the exit of nine senior executives reflects the move away from a partnership approach.
Read More from: BankThink
2021-03-08
Stephen Calk, who is scheduled to face trial in June on bribery charges, allegedly reversed course on whether to make a multimillion-dollar loan to Trump’s campaign chairman following the then-president-elect’s surprise victory in November 2016.
Read More from: BankThink
2021-03-08
Lending slowed, credit allowances mounted and return on assets as well as other performance ratios weakened, according to year-end figures from the credit union regulator.
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2021-03-07
Some applaud the agency's recent delay of the mandatory compliance date for a new Qualified Mortgage standard.
Read More from: BankThink
2021-03-06
Proposed changes to bankruptcy laws could help struggling familiesTags: 5 On Your Side, bankruptcy, consumerPosted February 26, 2021 5:25 p.m. ESTUpdated February 26, 2021 5:46 p.m.
Read More from: NC Bankruptcy Expert
2021-03-06
Abstract: The law of data breaches is new, dynamic, and evolving. The number and complexity of breaches increases each year and legal scholars, courts, and policymakers scramble to respond.
Read More from: NC Bankruptcy Expert
2021-03-06
Executive Summary: In 2020, those who have fallen behind at least three months on their mortgage increased 250 percent to over 2 million households, and is now at a level not seen since the height of the Great Recession in …
Read More from: NC Bankruptcy Expert
2021-03-06
Summary: The Debtor owns a 2012 Clayton mobile home which she acquired approximately 507 days prior to filing bankruptcy. Arguing that the Hanging Paragraph of 11 U.S.C. § 1325(a)(5) allowed the cram-down of any thing of value other than a …
Read More from: NC Bankruptcy Expert