2019-11-25
The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing.
Read More from: BankThink
2019-11-25
The company hired two bankers from CIBC to lead the newly formed group.
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2019-11-25
The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.
Read More from: BankThink
2019-11-25
Banks need to more actively manage margins — including the use of new modeling technology — in the current low-interest-rate environment.
Read More from: BankThink
2019-11-25
Collins Community Credit Union has agreed to buy First Savanna Savings Bank.
Read More from: BankThink
2019-11-25
The $26 billion all-stock deal has the OK of the boards from both companies; the administration says it will move on privatization without federal backing.
Read More from: BankThink
2019-11-25
In a sit-down interview, Cleveland Fed President Loretta Mester discusses how the FedNow real-time payment system will work alongside a big-bank one.
Read More from: BankThink
2019-11-24
The Cleveland Fed president dismissed concerns about the central bank's faster payments system competing with The Clearing House's network, while saying that a national digital currency is less of a necessity in the U.S.
Read More from: BankThink
2019-11-24
George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.
Read More from: BankThink
2019-11-22
The company also disposed of a large agricultural loan that was nonperforming.
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2019-11-22
House Democrats described the disparate impact standard as "the most important tool" for enforcing the Fair Housing Act.
Read More from: BankThink
2019-11-22
In this distressed debt for private equity firms blog series post we cover how distressed debt can be an advantage for private equity firms and how they can leverage these situations within their portfolio companies.
Read More from: Gordian Group
2019-11-22
Like child support in bankruptcy, alimony is a domestic support obligation that cannot be discharged in bankruptcy.
Read More from: The law offices of David M. Offen
2019-11-22
Winners Announced for the 18th Annual M&A Advisor AwardsTop M&A Deals, Firms and Professionals honored November 19th at
the New York Athletic Club
Read More from: Gordian Group
2019-11-22
The payments company has loaned $5.5 billion to 275,000 small businesses, thanks to a data-driven process free from human interaction.
Read More from: BankThink
2019-11-22
Rep. Katie Porter, D-Calif., wants details about refunding "hundreds of millions of dollars" in fees improperly charged on checking accounts. Wells has acknowledged the potential problem but hasn't estimated how much it owes.
Read More from: BankThink