2018-01-02
The assessment from the central bank means MidSouth faces restrictions on board appointments and executive duties. Last year the OCC called the Louisiana company a "troubled institution."
Read More from: BankThink
2018-01-02
Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.
Read More from: BankThink
2018-01-02
After 10 years of development, nobody has come up with a use for blockchain that has been widely adopted.
Read More from: BankThink
2018-01-02
A bankruptcy court in Illinois denied the chapter 13 trustee's request to dismiss a case for exceeding the §109(e) debt limit, finding that when student loan debt caused the excess, then the case should proceed in
Read More from: Tampa Bankruptcy
2018-01-02
This feature originally appeared in the December 15th edition of the Pittsburgh Business Times. Q: As a small business owner, I am wary of extending credit to certain customers, but my business depends on it.
Read More from: Bernstein-Burkley, P.C.
2018-01-02
Life Settlements Absolute Return I, LLC, a special purpose vehicle investing in life insurance policies, and its wholly-owned subsidiary, has filed a
Read More from: Bankruptcy and Restructuring Law Monitor
2018-01-02
Life Settlements Absolute Return I, LLC, a special purpose vehicle investing in life insurance policies, and its wholly-owned subsidiary, has filed a
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2018-01-02
But bank will benefit long-term from tax reform; judge says accounting firm failed to detect mortgage fraud that did in Colonial Bank.
Read More from: BankThink
2018-01-02
Over the past year, the focus of several banking policymakers has been how much the regulatory pendulum might swing back toward the industry’s liking. That theme will likely continue in 2018.
Read More from: BankThink
2017-12-29
Oriental Bank in San Juan was ordered to pay just over $153,000 for failing to notify borrowers that they were required to purchase flood insurance. The fine was one of several November enforcement actions made public Friday by the FDIC.
Read More from: BankThink
2017-12-29
In his current position as chair of the National Credit Union Administration, J. Mark McWatters has publicly advocated for cutting back the CFPB’s oversight of the credit union industry.
Read More from: BankThink
2017-12-29
A regulatory relief package is likely to come out of the Senate in the new year, and lawmakers could follow it up with a housing finance reform push. But the midterm elections could cause some reform initiatives to grind to a halt.
Read More from: BankThink
2017-12-29
The Protocol for Broker Recruiting, signed in 2004, was designed to mitigate lawsuits when advisers left to join a competitor. Recent high-profile defections have raised concerns that the accord could unravel.
Read More from: BankThink