ABI Blog Exchange

2021-02-23
Citing strong client demand, the nation's largest custody bank is building infrastructure and a team that can help clients store and manage bitcoin and many other types of virtual currency and tokenized assets.

Read More from: BankThink

2021-02-23
Chair Jerome Powell told a congressional panel that the Federal Reserve is weighing whether to extend temporary relief from the “supplementary leverage ratio” — meant to help banks lend more during the pandemic — beyond March 31.

Read More from: BankThink

2021-02-23
The North Carolina-based credit union appointed a new chief financial officer and a new president to its for-profit arm.

Read More from: BankThink

2021-02-23
Prepaid customers’ COVID relief spending boosted the bank’s bottom line in 2020, but executives don't count on a repeat performance.

Read More from: BankThink

2021-02-23
The decision provides more clarity to noteholders in the state about when the six-year statute of limitations to bring a foreclosure action begins.

Read More from: BankThink

2021-02-23
Generally speaking, police must have some valid reason to stop a driver on the road.  However, in Pennsylvania, police have the authority to set up DUI Checkpoints (or roadblocks) under Title 75 Section 6308(b) which specifically allows police to

Read More from: Young, Marr & Associates

2021-02-23
John Zmolek has been involved with the Seattle-based institution for more than three decades. A successor has not yet been named.

Read More from: BankThink

2021-02-23
On February 23, 2021, 96 Wythe Acquisition LLC, whose principal property is the Williamsburg Hotel in Brooklyn, N.Y., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York
2021-02-23
On February 23, 2021, 96 Wythe Acquisition LLC, whose principal property is the Williamsburg Hotel in Brooklyn, N.Y., filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York
2021-02-23
Mark Lindsay, Esq. Partner at Bernstein-Burkley, P.C. On December 22, 2020, Congress passed the Consolidated Appropriations Act, 2021 (“CAA”), which was signed into law on December 27, 2020. The CAA …

Read More from: Bernstein-Burkley, P.C.

2021-02-23
On February 22, 2021, Evergreen Gardens Mezz LLC, a Brooklyn-based real estate entity, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case 21-10335).  The company
2021-02-23
On February 22, 2021, Evergreen Gardens Mezz LLC, a Brooklyn-based real estate entity, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case 21-10335).  The company
2021-02-23
Mark Lindsay, Esq. Partner at Bernstein-Burkley, P.C. On December 22, 2020, Congress passed the Consolidated Appropriations Act, 2021 (“CAA”), which was signed into law on December 27, 2020.

Read More from: Bernstein-Burkley, P.C.

2021-02-23
The product — a special class of shares in JPMorgan's Empower money market fund — will initially be distributed by the Harbor Bank of Maryland, Liberty Bank & Trust, M&F Bank and Unity National Bank, according to a statement.

Read More from: BankThink

2021-02-23
Wells Fargo plans to sell its asset management business to two private equity firms, part of Chief Executive Charlie Scharf's efforts to dump nonessential operations and help the bank emerge from years of scandals.

Read More from: BankThink

2021-02-23
Yellen says the tests probably won’t lead to imposing capital requirements or limit dividends; the big banks want a global convergence in financial standards to do business in other countries.

Read More from: BankThink

2021-02-23
“Is there any way to stop the debt collectors without filing bankruptcy? I can’t stand the creditor harassment!” Who can? I get this question all the time. The Fair Debt Collection Practices Act (FDCPA) applies to 3rd party debt collectors.

Read More from: Stop Creditor