ABI Blog Exchange
The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks.
Read More from: BankThink
JPMorgan Chase, the biggest U.S. credit card issuer, is reviving a controversial policy that forces credit card customers to use arbitration instead of court to resolve payment disputes.
Read More from: BankThink
Florida Gov. Ron DeSantis is attempting to sort out allegations of sexual harassment against the state's banking commissioner and counterclaims of a political setup.
Read More from: BankThink
The merging banks, whose new headquarters would be Charlotte, N.C., will each double their charitable giving over the next three years in Atlanta and Winston-Salem, N.C.
Read More from: BankThink
The most profitable banks in American Banker’s annual rankings frequently produce year after year. That success requires rigorous budgeting and planning, timely analysis and more.
Read More from: BankThink
The company has agreed to buy Trinity Bancorp for $27 million in cash and stock.
Read More from: BankThink
Upcoming Committee Formation Meeting: Wednesday, June 12, 2019
Case Name: 19-11240 (LSS)
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 or G. David Dean for more information regarding this matter.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
Upcoming Committee Formation Meeting: Wednesday, June 12, 2019
Case Name: 19-11240 (LSS)
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 or G. David Dean for more information regarding this matter.
Read More from: Bankruptcy and Restructuring Law Monitor
What better way to wake Plan Proponent from a seven (!) month slumber than a minor Supreme Court opinion? Monday’s Taggart v. Lorenzen decision is not a confirmation opinion, but we’ve always tried to cover the Court’s bankruptcy decisions. In Taggart, with Justice Breyer writing for his unanimous colleagues, the Court held that, under § 524 of the Bankruptcy Code, a court can impose civil contempt sanctions for violations of a debtor’s discharge order when there is no “objectively reasonable” basis for viewing the creditor’s conduct as lawful under that order.
Lower Courts Struggle with § 524
Read More from: Plan Proponent
Guest author Bob Schuman on the good that bankruptcy does.
I’m a mortgage broker.
In that role, I see close up the immense relief that a homeowner feels when they file Chapter 13.
They are no longer forced to deal with collection calls and a multitude of letters that are aggressive and intimidating, threatening to take their car, foreclose on their home, call them at work, or knock on their door at dinnertime.
No longer do they need to feel helpless, to not know if the threats and intimidation from creditors are real or made up. To not know your rights, to live with that ever-present fear at all times of impending embarrassment. To walk into a bank not knowing if they will laugh at you. To feel the ever-present shame, the most insidious off all our emotions, that can permeate us to our very core.
Read More from: The Soap Box
The U.S. economy is on solid footing except for one potential trouble spot, according to Bank of America's Chief Executive Brian Moynihan: leveraged loans — a business the bank has dominated for a decade.
Read More from: BankThink
The chief operating officer for the Americas at Deutsche Bank, as well as SoFi's heads of marketing, risk and capital markets, are all moving on; John Williams tells bankers they need to do more to clean up misconduct at their companies.
Read More from: BankThink
The bank has hired Brandee McHale away from Citigroup to head its charitable foundation and implement a new strategy that will place a greater emphasis on rental housing and combating homelessness.
Read More from: BankThink
Oliveras v. Banco Popular de Puerto Rico (In re Casanova), 595 B.R. 616 (Bankr. P.R. 2018) – A chapter 13 trustee brought an adversary proceeding to avoid a bank’s mortgage lien using his strong arm powers as a hypothetical bona fide … Continue reading
Read More from: Bankruptcy-RealEstate-Insights
Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.
Read More from: BankThink
Regional and small banks are striking digital partnerships and launching new savings offerings as they attempt to steal away business from bigger institutions.
Read More from: BankThink
On his watch, the $170 billion-asset HSBC USA became the first bank in the world to deploy a customer-facing robot in a branch. It's also the first bank to use wearable technology to help front-line branch staff.
Read More from: BankThink
The online lending marketplace will use the equity financing from WestBridge Capital to diversify the digital products its offers banks trying to compete for small-business borrowers, its CEO says.
Read More from: BankThink
The San Diego parent of Ascent Student Lending said Tuesday that it will buy Skills Fund, an Austin, Texas, startup that specializes in lending to students at computer-coding boot camps.
Read More from: BankThink
The trade organization is promoting deputy general counsel John Court to succeed Jeremy Newell in July.
Read More from: BankThink