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Karen Andres at the Center for Financial Services Innovation talks about the financial problems of people over 50 and how banks can help.

Read More from: BankThink

3 days 10 hours ago

Despite consensus that regulators should ease so-called “living will” requirements by some degree, critics charge that a proposal by the Fed and FDIC could undo gains in making large banks easier to resolve.

Read More from: BankThink

3 days 19 hours ago

KeyBank is deploying new technology designed to improve the online and mobile banking experience as well as guide the conversations branch employees are having with customers. The move comes on top of steps to modernize its IT infrastructure.

Read More from: BankThink

3 days 19 hours ago

The Federal Trade Commission accused the online lender of numerous violations in connection with its loan servicing practices. In one example, Avant allegedly informed customers that they could make payments by credit card or debit card but then refused to accept such payments.

Read More from: BankThink

3 days 21 hours ago

The bank’s CFO says it has enough liquidity to meet loan demand in the short term, but how long can it keep its loan-to-deposit ratio below 100%?

Read More from: BankThink

3 days 22 hours ago

Citigroup's return on tangible common equity rose in the first quarter, but stubbornly high expenses and costly technology investments may make it hard for the bank to hit its targets for this year and next.

Read More from: BankThink

3 days 23 hours ago

The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016.

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4 days 49 min ago

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.

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4 days 1 hour ago

Last-minute arguments from the American Bankers Association have put the National Credit Union Administration on the back foot in advance of an appeal hearing more than a year in the works.

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4 days 1 hour ago

Derek White, an alumnus of BBVA and Barclays, will oversee digital innovation across all lines of business at the bank.

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4 days 2 hours ago

Allison Dukes says she will not be joining the combined company because she wants to remain in Atlanta, where she is involved with a number of civic and philanthropic organizations. The merged company will be headquartered in Charlotte, N.C.

Read More from: BankThink

4 days 2 hours ago

The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system.

Read More from: BankThink

4 days 4 hours ago

Many of our clients frequently ask if disability insurance payments are tax deductible and if that income is taxable when received. Here, the attorneys of Young, Marr, and Associates provide an overview of the general inner workings of disability insurance for tax purposes. Many of our clients ask accounting questions in order to understand the implications of their legal […]

The post Is Disability Insurance Tax Deductible in PA and NJ? / Is Disability Insurance Taxable? appeared first on .

Read More from: Young, Marr & Associates

4 days 4 hours ago

Financial education programs have been shown to be largely ineffective. What low-income consumers really need from banks are better products and more tailored advice.

Read More from: BankThink

4 days 5 hours ago

The New York company formed the nationwide group after hiring a team of former Square 1 bankers.

Read More from: BankThink

4 days 6 hours ago

Achaogen, Inc. (NASDAQ: AKAO), a biopharmaceutical company focused on the development and commercialization of innovative antibiotic treatments headquartered in South San Francisco, CA, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 19-10844).  According to the First Day Declaration, Achaogen has filed as a result of an industry-wide pullback from antibiotic research, which has dried up the financing needed by Achaogen to commercialize its primary product, ZEMDRI.  The First Day Declaration further explains that Achaogen has engaged in a prepetition marketing process, which did not result in any acceptable bids, and enters chapter 11 intending to sell substantially all of its assets under section 363 of the Bankruptcy Code.  Kurtzman Carson Consultants is the proposed claims and noticing agent.  The case has been assigned to the Honorable Brendan Linehan Shannon.

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

 

4 days 6 hours ago

Achaogen, Inc. (NASDAQ: AKAO), a biopharmaceutical company focused on the development and commercialization of innovative antibiotic treatments headquartered in South San Francisco, CA, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Case No. 19-10844).  According to the First Day Declaration, Achaogen has filed as a result of an industry-wide pullback from antibiotic research, which has dried up the financing needed by Achaogen to commercialize its primary product, ZEMDRI.  The First Day Declaration further explains that Achaogen has engaged in a prepetition marketing process, which did not result in any acceptable bids, and enters chapter 11 intending to sell substantially all of its assets under section 363 of the Bankruptcy Code.  Kurtzman Carson Consultants is the proposed claims and noticing agent.  The case has been assigned to the Honorable Brendan Linehan Shannon.

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

 

4 days 6 hours ago

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