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It remains to be seen whether anti-money-laundering provisions will get a deeper look this Congress or whether political optics will divide lawmakers on moving ahead with changes.

Read More from: BankThink

1 day 11 hours ago

Marianne Lake, seen in recent months as a leading candidate to replace CEO Jamie Dimon, got the post she may have needed to round out her resume — consumer lending chief. And Jennifer Piepszak, another rising star at the company, will take over as CFO from Lake.

Read More from: BankThink

1 day 13 hours ago

EO Andy Cecere acknowledges that other banks have tried to broaden customer relationships and selectively expand into new markets before and struggled. But the sophistication of today’s online and mobile services could make all the difference this time, he says.

Read More from: BankThink

1 day 14 hours ago

Interbrand will work with employees of both banks to develop a new brand and logo.

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1 day 14 hours ago

The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan.

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1 day 15 hours ago

CEO Joseph DePaolo lamented the tough funding environment after the New York bank said deposit costs jumped 90% in the first quarter. Signature was the second bank Wednesday to report a drag on profits from funding costs.

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1 day 16 hours ago

The bank has funded and deployed the company's software, which can be used to quickly bring new products to market and reduce the need for programmers and other expenses.

Read More from: BankThink

1 day 18 hours ago

In her first policy speech since being confirmed as the agency's director, Kathy Kraninger promised less focus on enforcement actions and more emphasis on consumer education.

Read More from: BankThink

1 day 18 hours ago

Asked whether the BB&T-SunTrust deal had sparked a desire to pursue deals, Andy Cecere emphasized a focus on digital upgrades and opening branches in new markets.

Read More from: BankThink

1 day 19 hours ago

Bank of New York Mellon's clients shifted more of their deposits to higher-rate products. It was one of several trends that hurt the custody bank's bottom line.

Read More from: BankThink

1 day 20 hours ago

In a series of articles prepared for our “Talk to the International Experts” program we take a look at “Undoing Business in the

Read More from: eSQUIRE Global Crossings

1 day 20 hours ago

On April 12, 2019, the International Finance Corporation (IFC), a World Bank Group, officially launched their Operating Principles for Impact Management (the Principles).  As of the official launch date, 60 global investors have committed to the Principles.  The first adopters range from large asset managers, private funds to non-profit investment firms.  The focus of the Principles is on impact investing, a term that IFC defines as “investments made into companies or organizations with the intent to contribute to measurable positive social or environmental impact, alongside a financial return.”  IFC adapted this definition from GIIN and notes that impact investing focuses on more than just avoiding harm or managing environmental, social and governance (ESG) risks; it aims to utilize investing’s ability to positively impact society by “choosing and managing investments to generate positive impact while also avoiding harm.”  This focus seemingly goes beyond the UN initiated Principles of Responsible Investing

1 day 21 hours ago

Wells Fargo is once again flirting with something that no major U.S. bank has done in a decade: have a dividend yield north of 4%. Don't expect a celebration.

Read More from: BankThink

1 day 21 hours ago

The Fed is stepping up transparency around its process for testing bank resiliency in a hypothetical crisis, but additional improvements are needed.

Read More from: BankThink

1 day 21 hours ago

Many people who struggle with their finances and debt, also struggle with tax debt and turn to bankruptcy as a solution to their tax problems. Although bankruptcy can help with many types of tax issues, it cannot solve all tax debt problems. Knowing how bankruptcy works when it comes to tax debt is critical in......
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The post 4 Criteria For Tax Debt To Be Dischargeable Under Bankruptcy appeared first on Law Office of Joel R. Spivack.

1 day 22 hours ago

Upcoming Committee Formation Meeting: Tuesday, April 23, 2019

Case Name: 19-10844 (BLS)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

1 day 22 hours ago

Upcoming Committee Formation Meeting: Tuesday, April 23, 2019

Case Name: 19-10844 (BLS)

Location: Delaware State Bar Association 405 King Street, 2nd Floor Wilmington, DE 19801

Notice of Formation Meeting for Official Committee of Unsecured Creditors can be found here. See the petition for relief.

Contact Norman L. Pernick, G. David Dean or Myles R. MacDonald for more information regarding this matter.

1 day 22 hours ago

The Minneapolis bank reported mid- to high-single-digit improvement in those categories, but total loan growth was curbed by declines in CRE and other credit types.

Read More from: BankThink

1 day 22 hours ago

Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal.

Read More from: BankThink

1 day 23 hours ago

IDEA Boardwalk, LLC v. Revel Entertainment Group, LLC (In re Revel AC Inc.), 909 F.3d 597 (3rd Cir. 2018) – A tenant that elected to retain its rights under a commercial lease after a debtor landlord rejected the lease sought clarification … Continue reading

2 days 1 hour ago

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