2021-02-01
A federal judge denied the Office of the Comptroller of the Currency's motion to have the case thrown out, saying concerns about the agency's rulemaking process to reform the Community Reinvestment Act have merit.
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2021-02-01
T.J. Tijerina, a 16-year employee at the Houston-based credit union, has taken over as president and CEO in advance of Ron Downing’s retirement later this year.
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2021-02-01
The U.S. unit of Toronto-Dominion Bank merged its corporate and specialty team with its commercial banking group, putting the fast-growing operations under the same leadership.
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2021-02-01
About 70% of Bank of America's customers are now “digitally active” and 17 million people use Erica, its virtual assistant. David Tyrie, who was recently promoted to head of digital, would like to get that rate up to 100%.
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2021-02-01
Wells Fargo cut its chief executive's compensation about 12% for 2020, a year in which shares tumbled and the company slashed its dividend and reported its first quarterly loss since 2008.
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2021-02-01
Stephen Steinour, the head of Huntington Bancshares, approached TCF Financial about a merger three days after the latter's CEO abruptly retired. An agreement was sealed in about six weeks.
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2021-02-01
The company also reported a large fourth-quarter loss that reflected a significant increase in its loan-loss provision.
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2021-02-01
MoneyLion, a mobile banking, lending and investment platform, is in talks to go public through a merger with Fusion Acquisition, a blank-check company, according to people with knowledge of the matter.
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2021-02-01
Catherine Galicia formerly led the Consumer Financial Protection Bureau's legislative affairs division, and has extensive experience in banking and on Capitol Hill.
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2021-02-01
The Detroit company, which recently agreed to be sold to Huntington Bancshares, gained $1 billion in loans and roughly 60 employees.
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2021-02-01
After rising losses in 2020, First Credit Union of Scranton is seeking members' approval to merge into Penn East FCU.
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2021-02-01
Laws like the Home Mortgage Disclosure Act require banks to report detailed demographics of borrowers to ensure fair lending practices.
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2021-02-01
On January 31, 2021, Greylock Capital Associates, LLC, the parent of Greylock Capital Management, LLC, an SEC-registered alternative investment advisor that advises pooled vehicles and separate accounts for institutional and high net worth investo
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-02-01
On January 31, 2021, Greylock Capital Associates, LLC, the parent of Greylock Capital Management, LLC, an SEC-registered alternative investment advisor that advises pooled vehicles and separate accounts for institutional and high net worth investo
Read More from: Bankruptcy and Restructuring Law Monitor
2021-02-01
On January 31, 2021, Knotel, Inc., a New York-based flexible workspace provider, along with numerous affiliates, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 21-10146
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-02-01
On January 31, 2021, Knotel, Inc., a New York-based flexible workspace provider, along with numerous affiliates, filed petitions for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 21-10146
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2021-02-01
The administration is expected to stress financial access and consumer protection; economists differ whether the move away from cash was a temporary response to Covid or long-lasting.
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2021-02-01
Some in the industry are planning in-person events, but the largest meetings are still unlikely to reconvene for a while.
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