Just days before President Obama will leave office, the White House released a white paper advocating for the U.S. government to engage in efforts to promote the fintech industry.
The highly regarded and outspoken Richard Davis is a hard act to follow, but Andy Cecere, who will take over the successful Minneapolis company in a few months, is said to have the right blend of knowledge and judicious temperament for meeting the business challenges that lie ahead.
The embattled company's new incentive pay plan appears to resemble those used by other banks, which suggests that regulators are unlikely to demand big changes throughout the sector.
HSBC has formed an advisory board to guide it on fintech, cybersecurity and IT infrastructure issues.
Higher lending for mortgages, construction and commercial real estate boosted Fulton Financial's profit.
Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted.
FIS is forming a network for the inaugural class of its VC Fintech Accelerator program.
The foreign representative of Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies headquartered in Ukraine, has commenced a case (Case No. 17- 10130) under Chapter 15 of the Bankruptcy Code by filing a petition with the U.S. Bankruptcy Court for the District of Delaware. The Honorable Laurie Selber Silverstein will preside over the case. The filing is in furtherance of a scheme of arrangement pursuant to Part 26 of the Companies Act 2006 pending before The High Court of Justice, Chancery Division, Companies Court of England and Wales. The memorandum in support of the petition and the declaration of the foreign representative are provided.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
This morning, in the latest chapter in the ongoing debate over Section 316(b) of the Trust Indenture Act, the Second Circuit reversed the district court’s decision in Marblegate, concluding that the TIA does not prohibit out-of-court restructurings that deprive non-consenting noteholders of their substantive right to payment on account of their notes. There will be … Continue reading
The post Second Circuit Rules on TIA Section 316(b); Overturns Marblegate (and Caesars) appeared first on Robins Kaplan Trial Attorneys Blog.
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The startup, known for refinancing millennials' student loans, is now writing more than $100 million of home mortgages a month, and expects this to be its fastest-growing product. Here's why.
Wells Fargo faces an economic environment that may not be particularly suited for the way the bank is structured. Also: are you brave enough to make bitcoin a part of your retirement portfolio?
The author responds to critics who say the national movement to move money from big banks to black-owned institutions may not be fueling many loans to minorities and residents of low- to moderate-income communities.
The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking.
TNB Corp., which plans to offer deposits to institutional investors, would not have branches or retail deposits.
The company sued the former director over the debt, which disqualified him from board service.
Improved credit quality also helped compensate for flat loan growth at the Dallas bank.
Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions.
The U.S. Supreme Court turned away an appeal by Bank of America, Citigroup and JPMorgan Chase, refusing to stop antitrust lawsuits that accuse some of the world’s largest banks of conspiring to rig Libor.
Host Brett King chats with TheFinanser.Com's Chris Skinner and American Banker's Penny Crosman. Then, Brett reports from the floor of the Computer Electronics Show, where he spoke to Guy Kawasaki, a VC who drives a semi-autonomous Mercedes.
Require Assistance? Home schooling Aggravation Can Finish These days
Some young children usually do not prosper inside the open public education process for starters explanation or another. They might have specific needs or they might simply not respond properly learning in a group of people atmosphere. The next report has ideas which will help whatever your purpose is made for having to institution your kids in your own home.
Tend not to expect home schooling to function easily from the very beginning. Prior to deciding to negotiate into a great circulation with homeschooling, it takes as much as a year. Even if you have educated yourself about the procedure before beginning, the expertise to make it all operate easily takes serious amounts of create. Exercising persistence and you will definitely be a little more successful.
Read More from: Kieselstein Law Firm