2020-03-04
Facebook and its partners are considering redesigning the Libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators and rebuild momentum for th
Read More from: BankThink
2020-03-04
Recognizing the sizable opportunity in batteries, some project finance banks have recently begun supporting battery developments, and others expect to follow soon.
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2020-03-04
Fed makes emergency cut, JPMorgan tests contingency plan; the justices appeared divided on whether to give the president power to fire the agency’s director.
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2020-03-03
The outcome at Beneficial State may be hard for organizers to replicate at other banks, but it serves as a reminder that labor groups see an opportunity in an industry where many low-paid workers chafe against sales pressure.
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2020-03-03
Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands.
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2020-03-03
The Fed’s decision to cut its benchmark interest rate amid growing coronavirus concerns is bound to have an impact on banks, but just how broad and how deep remains to be seen.
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2020-03-03
In announcing the central bank’s emergency rate cut, Chairman Jerome Powell warned that the Fed can only do so much.
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2020-03-03
JPMorgan Chase is asking thousands of U.S. employees to work from home as it tests a contingency plan for closing domestic offices should the coronavirus spread, according to people with knowledge of the matter.
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2020-03-03
A district court in Pennsylvania ruled on a motion to dismiss a FDPCA claim against LVNV and Resurgent Capital by plaintiffs who allege that in 4 separate chapter 13 bankruptcy cases LVNV Funding, LLC and Resurgent Capital Services, LP (hereinaf
Read More from: Tampa Bankruptcy
2020-03-03
If you are like many Americans, you may have been reading news reports of the country’s improving economy and falling unemployment rates and wondering why you are still struggling financially.
Read More from: Bonds & Botes, P.C.
2020-03-03
MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.
Read More from: BankThink
2020-03-03
The Federal Reserve has voted unanimously to cut the interest rate 50 basis points to 1.10% effective March 4, in the first emergency rate cut since 2008.
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2020-03-03
The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees.
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2020-03-03
On March 3, 2020, CraftWorks Intermediate Co, LLC, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Co
Read More from: Bankruptcy and Restructuring Law Monitor
2020-03-03
On March 3, 2020, CraftWorks Intermediate Co, LLC, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Co
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-03-03
The company said that cardholders’ spending overseas has slowed sharply, especially for travel-related purchases, and that it won’t give a forecast for future quarters until next month.
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