2020-11-11
JPMorgan Chase dropped one rung on the Financial Stability Board’s annual rankings of systemically important banks to sit alongside Citigroup and HSBC Holdings as one of the world’s three most important banks.
Read More from: BankThink
2020-11-11
Scammers may have had more success at duping fintechs than banks in obtaining Paycheck Protection Program loans. But there are reasons for this apparent disparity.
Read More from: BankThink
2020-11-11
Fifth Third Bancorp. promoted Chief Risk Officer Jamie Leonard to succeed Tayfun Tuzun, who will become chief financial officer of BMO Financial Group on Jan. 1. Both companies made other executive moves at the same time.
Read More from: BankThink
2020-11-11
Managers have been trained on how to resolve conflicts with customers. They can use that training to minimize intraoffice political squabbling.
Read More from: BankThink
2020-11-11
On November 11, 2020, Transformation Tech Investors, Inc., a Missouri-based provider of security, network, voice and business intelligence services, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for th
Read More from: Bankruptcy and Restructuring Law Monitor
2020-11-11
On November 11, 2020, Transformation Tech Investors, Inc., a Missouri-based provider of security, network, voice and business intelligence services, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for th
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-11-11
The group includes many advocates for stricter bank regulation from the Obama administration; the president-elect may have as many as three open seats on the central bank or as few as none.
Read More from: BankThink
2020-11-11
With many Americans and members of Congress questioning the results of the presidential election, financial services trade associations quickly vowed to work with the incoming administration.
Read More from: BankThink
2020-11-11
On October 27, 2020, the Office of the Comptroller of the Currency (“OCC”) issued the final version of its “true lender” rule (the “Final Rule”).
Read More from: Krieg DeVault
2020-11-10
A moderate pick with financial sector ties could upset progressives, while the likely GOP majority in the Senate could balk at a nominee seen as too liberal. Here are some of the candidates.
Read More from: BankThink
2020-11-10
The two companies first started collaborating last year, but now BBVA has white-labeled Prosper’s technology on its own website.
Read More from: BankThink
2020-11-10
Regulators were receptive to Republican lawmakers' calls to ease burdens on banks that cross new asset thresholds as a result of their participation in the Paycheck Protection Program.
Read More from: BankThink
2020-11-10
The chairman of the National Credit Union Administration said during his limited time in a Senate Banking Committee hearing that he hoped changes to the agency's Central Liquidity Facility would last for the duration of the pandemic.
Read More from: BankThink
2020-11-10
Dean, who joined Capital One in 2014, succeeds Kleber Santos, who left the bank earlier this month to lead diversity initiatives at Wells Fargo.
Read More from: BankThink
2020-11-10
“We’re going to be looking at … what caused us to not be able to close some of these gaps in the past,” Citigroup's new Chief Administrative Officer Karen Peetz says of the effort to fix shortcomings in internal controls that have plagued the comp
Read More from: BankThink
2020-11-10
On November 10, 2020, Media Lodge, Inc., a Minnesota-based media production company dedicated to outdoor enthusiasts, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20
Read More from: Bankruptcy and Restructuring Law Monitor
2020-11-10
On November 10, 2020, Media Lodge, Inc., a Minnesota-based media production company dedicated to outdoor enthusiasts, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-11-10
Many small banks are reactivating repurchase programs, signaling that capital levels remain strong and credit issues are under control.
Read More from: BankThink
2020-11-10
Though most bank customers expect to return to calling or meeting in person with their bankers when the pandemic is over, Citigroup is gauging how much business it can keep in the videoconferencing channel.
Read More from: BankThink
2020-11-10
OK, not all debt collectors are rats. Just the ones I hear about. This week, an alleged process server, who leaves the number of a law firm and alleged court case number.
Read More from: Stop Creditor