ABI Blog Exchange
The regulator of the government-sponsored enterprises retreated from an earlier proposal that had barred VantageScore because of its ties to the credit bureaus.
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With women and minorities holding less than 25% of top positions at the eight largest U.S. banks, House Financial Services Committee Chairwoman Maxine Waters and other Democrats called on banks to improve their recruiting efforts and invest in programs aimed at building pipelines of diverse talent.
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Critics of the Dodd-Frank provision are likely heartened by indications that policymakers may soon finalize a more bank-friendly version of the trading ban, but that relief could come at a price.
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Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell.
Read More from: BankThink
Borrower debt continues to rise, late payments are up and interest rates are at their highest levels since at least 1994. A new report raises questions about the sustainability of the card industry's boom.
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The San Francisco-based fintech is using JPMorgan Chase’s real-time payments service to power the updated overdraft prevention tool.
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Wall Street watchdogs are poised to take a major step toward overhauling limits on banks’ ability to trade with their own funds, according to people familiar with the effort.
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Retail candy store owner Mishti Holdings LLC, along with two affiliates, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11813). The Debtors report an estimated 1-49 creditors, and estimated assets and liabilities of $0-$50 thousand. The cases have not yet been assigned to a judge.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Bankruptcy and Restructuring Law Monitor
Retail candy store owner Mishti Holdings LLC, along with two affiliates, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11813). The Debtors report an estimated 1-49 creditors, and estimated assets and liabilities of $0-$50 thousand. The cases have not yet been assigned to a judge.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
Oklahoma Merge, LP, along with four affiliates, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11808). The Debtors report an estimated 1-49 creditors, estimated assets of $10,000,001-$50 million and liabilities of $50,000,001-$100 million. The cases have not yet been assigned to a judge.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Bankruptcy and Restructuring Law Monitor
Oklahoma Merge, LP, along with four affiliates, filed a petition for relief under chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 19-11808). The Debtors report an estimated 1-49 creditors, estimated assets of $10,000,001-$50 million and liabilities of $50,000,001-$100 million. The cases have not yet been assigned to a judge.
Cole Schotz does not represent the Debtors in this case. We are posting this for informational purposes only. If you have received a notice and have any questions, you should contact Debtors’ counsel.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
The technology can help banks get the most out of the vast amounts of information at their disposal.
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The Michigan company will pay $68 million to expand in a high-priority market.
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Bank shares are down more than 9% this month; the Fed has never imposed the countercyclical capital buffer before.
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The Los Angeles company said it is also looking into internal controls tied to construction lending.
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It is not always easy to keep up with bills. One thing to keep in mind is that an ability to stay current with your bills is something that many people have to deal with. Moreover, it is not your fault if circumstances have put you in a position where you have to make choices......
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The post 3 Strategies for Getting Debt-Free and Avoiding Debt Problems in the Future appeared first on Law Office of Joel R. Spivack.
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CIT will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.
Read More from: BankThink
April Rudin, CEO of the Rudin Group, offers advice on tailoring marketing to younger audiences and women.
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Following up on last week’s post on the Freedom Debt Relief scumbags, Jean Eaglesham and Annamaria Andriotis at the Wall Street Journal have more on that wonderful debt settlement industry in their story “That offer to make you debt free? It can make you worse...
The post More On Those Debt Relief Scams appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
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