Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.
The agency announced changes meant to reduce compliance costs and allow some institutions to provide estimates rather than disclose exact prices for international money transfers.
In a previous article, Wynn at Law, LLC, highlighted why the holidays are an ideal time to discuss your estate planning needs. The old adage ‘there’s no time like the present’ holds true with estate planning. So, here is a little more detail on the most common, and sometimes overlooked, planning tool: The Will.
There are three types of wills about which you should give some thought. The Last Will and Testament is what most people know about and refer to generally as a “Will.” In addition to the Last Will and Testament, there is also a Living Will and a Pourover Will.
There are dozens of online templates that suggest you can do this yourself. The problem with that is simple: How many have you done? An experienced attorney will help you create a legally binding document that specifically suits your needs, expresses what your final wishes are, and is tailored to Wisconsin law. That’s so important, because the tool speaks for you after you pass on, directing how you want assets divided and appointing who will be in charge of acting on your estate’s behalf.
Read More from: Wynn at Law, LLC
BB&T has said the outage, which blocked customers' account access for hours, cost it about $20 million.
Former T. Rowe Price portfolio manager Henry Ellenbogen is making Rapyd his first bet.
The ruling by a three-judge panel means the president will lose control of his long-secret business and personal records at the two banks unless the full court reconsiders or the U.S. Supreme Court blocks the decision.
The Financial Crimes Enforcement Network and other regulatory agencies confirmed that the recent legalization of the substance eases banks' anti-money-laundering requirements.
Bank of Montreal's drive to improve efficiencies has come with a cost: C$357 million, along with more job cuts.
A unique combination of brains and brawn, attorney Bernard Nomberg played division one college football before going on to become an accomplished attorney.
Read More from: Bonds & Botes, P.C.
In some ways, the moves are natural for tech startups with financial ambitions. Despite the growing success of fintech upstarts hailing from San Francisco, Wall Street institutions remain on top of the financial world.
The number of fintech startups has declined rapidly; several banks are using customer data to help customize retail offers.
Mark Weidemaier & Mitu Gulati
Debt, like the full moon, is known to make politicians act strangely. There have been some good examples over the last few weeks, most recently in Lebanon and Italy.
Read More from: Credit Slips
These community development-focused banks need tailored regulations to expand their purpose in helping underserved areas.
The company will enter three counties in its home state after it buys Roselle.
By: Donald L Swanson
“Those with business, managerial, consulting, mediation and operational experience are encouraged to apply.”
–From “Solicitation” by U.S. Trustee for Applicants to Serve as Subchapter V Trustees (emphasis added)
Back in August of this year, the Small Business Reorganization Act of 2019 became law. It’s effective date is 180 days later—February 19, 2020.
The new law establishes a “trustee” role for small business cases and authorizes the U.S. Trustee to appointment “an individual“ to “serve as standing trustee in cases under this subchapter.”
So, the U.S. Trustee recently published a notice titled, “Solicitation of Applicants to Serve as Subchapter V Trustees.” Information in such notice includes the following:
Read More from: Mediatbankry
Mullis has thrived as a traditional community banker, leading the redevelopment of historic buildings in a small, struggling Georgia town and successfully growing Morris Bank in a mostly rural market.
The agency’s director previewed a policy for companies under enforcement action to have their orders terminated if they comply ahead of schedule.
Scott Powell, who resolved numerous regulatory problems as the head of the Spanish bank's U.S. operations, will face similar challenges at scandal-plagued Wells. As the bank's chief operating officer, Powell will report to CEO Charles Scharf, a former colleague at JPMorgan Chase.
In marketing themselves to small companies, challenger banks are offering cool gadgets and a sympathetic ear about the hassles of being bank customers.
In part 2 of a series of blogs we consider whether a landlord can be forced to accept a surrender of a lease and the consequences of that.
This point was recently considered in the context of a scheme of arrangements where the Court concluded that a landlord cannot be forced to accept a surrender of a lease because this affects the landlord’s proprietary rights and therefore was outside of the scope of the arrangement.
Read More from: eSQUIRE Global Crossings