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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.

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6 days 5 hours ago

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.

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6 days 5 hours ago

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.

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6 days 5 hours ago

HSBC has formed an advisory board to guide it on fintech, cybersecurity and IT infrastructure issues.

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6 days 5 hours ago

Higher lending for mortgages, construction and commercial real estate boosted Fulton Financial's profit.

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6 days 5 hours ago

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.

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6 days 5 hours ago

FIS is forming a network for the inaugural class of its VC Fintech Accelerator program.

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6 days 5 hours ago

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.

Learn further by reviewing the January 13th, 2016 filing and June 8th, 2016 filing as well.

 

6 days 13 hours ago

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.

6 days 16 hours ago

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.

Read More from: BankThink

6 days 17 hours ago

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?

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6 days 17 hours ago

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.

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6 days 17 hours ago

The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking.

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6 days 17 hours ago

TNB Corp., which plans to offer deposits to institutional investors, would not have branches or retail deposits.

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6 days 17 hours ago

The company sued the former director over the debt, which disqualified him from board service.

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6 days 17 hours ago

Improved credit quality also helped compensate for flat loan growth at the Dallas bank.

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6 days 17 hours ago

Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions.

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6 days 17 hours ago

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.

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6 days 17 hours ago

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.

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6 days 17 hours ago

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6 days 17 hours ago

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