HoldCo Asset Management wants more details about the banking company’s pending merger with SVB Financial. The shareholder's concerns center on payouts to the seller's management team and questions about the sale process.
Read More from: BankThink
1 week 4 days ago
The combined institution will hold roughly $30 million in assets and serve about 4,000 members.
Read More from: BankThink
1 week 4 days ago
Well—Finally 2020 is hind sight!! And hind sight is 2020! (or so they say) But 2020 has another “visual” meaning—Someone with 20/20 vision has “perfect” eye sight—clear vision.
Read More from: Bonds & Botes, P.C.
1 week 4 days ago
Acting Comptroller of the Currency Brian Brooks pushed back on a recommendation from a task force — appointed by Consumer Financial Protection Bureau — suggesting that Congress should give the CFPB the authority to charter and regulate fintechs.
Read More from: BankThink
1 week 4 days ago
The Office of the Comptroller of the Currency’s proposal to ensure banking services are available to polarizing businesses contradicts long-standing guidance on managing reputational risk, big banks argue.
Read More from: BankThink
1 week 4 days ago
The multifamily lender named Michael Levine as board chairman, succeeding Dominick Ciampa, who held the role for 10 years. The move comes less than a week after longtime CEO Joseph Ficalora abruptly retired and was replaced by Thomas Cangemi.
Read More from: BankThink
1 week 4 days ago
As Covid-19 forced lockdowns across the nation, unemployment skyrocketed, and many industries screeched to a halt as the Gross Domestic Product fell by more than 30 percent in the second quarter of 2020.
Read More from: Young, Marr & Associates
1 week 4 days ago
The short answer to this question is yes. Any individual can file a bankruptcy case on their own, even if they are married.
Read More from: Young, Marr & Associates
1 week 4 days ago
The timing of when a bankruptcy case might be the best option can vary depending on your circumstances, as well as intentions with your home.
Read More from: Young, Marr & Associates
1 week 4 days ago
The third edition of my Corporate Finance textbook is out and available for use in the Spring Semester.
Read More from: Credit Slips
1 week 4 days ago
Congress acted first when it freed financial firms from having to disclose the beneficial owners of commercial clients.
Read More from: BankThink
1 week 4 days ago
From our initial consultation, we were impressed by Diane’s legal knowledge and compassionate nature
Read More from: Diane L. Drain - Phoenix Bankruptcy & Foreclosure Attorney
1 week 4 days ago
The North Carolina regional has sold an advisory business and has found buyers for two 401(k) bookkeeping operations.
Read More from: BankThink
1 week 4 days ago
If you haven't met Suzanne Shank you should. She is the chair and CEO of Siebert Brandford Shank & Co. LLC, the nation’s largest female-and minority-owned, privately held finance firm, which she started with the legendary Muriel Siebert.
Read More from: BankThink
1 week 4 days ago
CO Federal Credit Union, which has $4.5 million in assets and serves just 785 members, was conserved due to unsafe and unsound practices, the regulator said.
Read More from: BankThink
1 week 4 days ago
By Keila Estevez Associate, Bernstein-Burkley, P.C. On December 27, 2020, President Trump signed a new $900 billion COVID-19 Relief Package. The bill provides for certain bankruptcy protections.
Read More from: Bernstein-Burkley, P.C.
1 week 4 days ago
$600 stimulus (actually advance on tax credit) not subject to assignment/levy.
Read More from: Tampa Bankruptcy
1 week 4 days ago