2020-02-26
The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast.
Read More from: BankThink
2020-02-26
Members of the House Financial Services Committee expressed concerns to SBA Administrator Jovita Carranza that the rule could harm poultry farmers.
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2020-02-26
Lineage Financial Network, led by former Franklin Financial CEO Richard Herrington, plans to acquire Sumner Bank and Citizens Bank.
Read More from: BankThink
2020-02-26
As the COVID-19 virus spreads globally, many U.S. financial institutions are said to be taking steps to protect employees and minimize disruption. But only a handful are sharing specifics, to avoid contributing to any public panic.
Read More from: BankThink
2020-02-26
If you’ve been researching or talking to friends about debt relief options, you may have heard a horror story or two about people who thought they’d finally resolved their debts, only to get hit with a huge tax bill
Read More from: Bonds & Botes, P.C.
2020-02-26
After dragging its feet, the agency has agreed to a court-supervised process for writing a Dodd-Frank-mandated rule aimed at stamping out discrimination.
Read More from: BankThink
2020-02-26
Under CEO Charlie Scharf, the bank that has historically viewed itself as more Main Street than Wall Street is becoming deeply embedded in the nation’s financial capital and its hard-charging culture.
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2020-02-26
The banking group issued lawmakers a guide on questions to ask as credit union executives visit Capitol Hill for two days.
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2020-02-26
At a credit union conference, Rep. Blaine Luetkemeyer, R-Mo., said Congress has "got to be pushing back" against the Current Expected Credit Losses standard, while Rep.
Read More from: BankThink
2020-02-26
One platform under development will let financial technology startups use a single portal to obtain licenses from multiple states, and another will let states collaborate on examinations.
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2020-02-26
Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.
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2020-02-26
The debate centers on whether guidance on credit union-bank mergers is necessary.
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2020-02-26
With its expenses soaring, the Toronto company has taken a $250 million restructuring charge to cover severance from staff reductions.
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2020-02-26
On February 26, 2020, Suitable Technologies, Inc., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-02-26
On February 26, 2020, Suitable Technologies, Inc., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy
Read More from: Bankruptcy and Restructuring Law Monitor
2020-02-26
JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.
Read More from: BankThink
2020-02-25
Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity.
Read More from: BankThink
2020-02-25
Aaron Klein, a fellow at the Brookings Institution, argues that the setup works well for those with money, but is very expensive for those on the lower end of the spectrum.
Read More from: BankThink