2020-12-03
The banks will aim to attract new small-business customers by targeting the merchants that use Stripe's payment processing platform.
Read More from: BankThink
2020-12-03
The economic fallout from COVID-19 has highlighted systemic concerns about commercial real estate exposure, business debt and short-term wholesale funding, the Financial Stability Oversight Council said in an annual report.
Read More from: BankThink
2020-12-03
A number of reasonable changes to the National Credit Union Share Insurance Fund could help NCUA avoid charging premiums.
Read More from: BankThink
2020-12-03
As Congress moves to spur more coin production, banks and retailers are running campaigns urging consumers to empty their piggy banks to get more change into circulation.
Read More from: BankThink
2020-12-03
New analysis from S&P shows credit unions near $1 billion of assets and above continuing to dominate the industry's performance in the Paycheck Protection Program as some CUs dedicate a substantial portion of their portfolios to the effort.
Read More from: BankThink
2020-12-03
Members of tiny Gloucester Municipal CU are set to vote early next year on whether to join Metro Credit Union.
Read More from: BankThink
2020-12-03
Webster Bank and Customers Bank are among the lenders that have turned to alternative data sources and automated loan reviews to assess business customers' ability to weather the coronavirus pandemic.
Read More from: BankThink
2020-12-03
Senators voted 48-47 to put Christopher Waller on the Federal Reserve Board, concluding a confirmation process that had been dragged out for months because of controversy surrounding a separate nomination for Judy Shelton.
Read More from: BankThink
2020-12-03
With R. Scott Blackley planning to leave for a role at a health-insurance startup, the credit card giant is promoting longtime executive Andrew Young.
Read More from: BankThink
2020-12-03
On December 3, 2020, Lighthouse Resources Inc.
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-03
On December 3, 2020, Lighthouse Resources Inc.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-03
On December 2, 2020, White Stallion Energy, LLC, an Evansville, Ind.-based coal mining company, along with 18 affiliated debtors filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delawar
Read More from: Bankruptcy and Restructuring Law Monitor
2020-12-03
On December 2, 2020, White Stallion Energy, LLC, an Evansville, Ind.-based coal mining company, along with 18 affiliated debtors filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delawar
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-12-02
President-elect Joe Biden will likely have to contend with a Republican-controlled Senate. That could have important implications for his approach to financial services policy.
Read More from: BankThink
2020-12-02
Figure Technologies would only accept uninsured deposits, so it would not be subject to Fed or FDIC oversight. A major concern for banks is that the effort could open the door to incursions by bigger tech companies.
Read More from: BankThink
2020-12-02
Mergermarket Energy M&A Forum 2020 | Oil & Gas Consolidation Panel
Read More from: Gordian Group
2020-12-02
The Massachusetts company, which had a big second-quarter loss after writing down the goodwill tied to past acquisitions, will sell eight locations to Investors Bancorp and shutter another 16 offices.
Read More from: BankThink