2021-02-22
M&T had long coveted the Connecticut regional but couldn't make a deal work. Their merger is the latest example of regional banks joining forces to compete in an industry undergoing rapid transformation.
Read More from: BankThink
2021-02-22
More than a decade after the near collapse of the financial system and the bruising fight over Dodd-Frank put the industry and a Democratic administration in conflict, President Biden and the financial services sector are allied over the COVID-19
Read More from: BankThink
2021-02-22
If policymakers are serious about revitalizing low-income communities, they should require all fintechs and other nonchartered lenders to adhere to the Community Reinvestment Act.
Read More from: BankThink
2021-02-22
Libre by Nexus deceived detainees into believing they owed a monthly charge related to their proceedings before U.S. Immigration and Customs Enforcement, according to a lawsuit filed by the consumer bureau and three states.
Read More from: BankThink
2021-02-22
New data from the state regulator shows gains across several key metrics even as allowances for loan losses surged and the loan-to-savings ratio fell by more than 10 points.
Read More from: BankThink
2021-02-22
The sale has revived a long-running feud between former chairmen Mark McWatters and Rodney Hood, who tweeted, "Credit unions deserve better stewardship of agency resources.”
Read More from: BankThink
2021-02-22
One of the more common areas of litigation in bankruptcy is a request by a creditor to find that the debt owed to them is not discharged by the bankruptcy based on misrepresentation when the debt is made pursuant to 11 U.S.C.
Read More from: Tampa Bankruptcy
2021-02-22
Only businesses with 20 or fewer employees will be eligible to apply for forgivable loans from the Small Business Administration's Paycheck Protection Program.
Read More from: BankThink
2021-02-22
The Office of the Comptroller of the Currency issued a prompt corrective action directive to First National Bank and Trust in January, requiring it to hire a forensic auditor and provide the OCC with access to documents and records.
Read More from: BankThink
2021-02-22
M&T Bank in Buffalo has a deal for Bridgeport, Conn.-based People’s United for more than $7 billion; more people are buying homes sight unseen online as interest rates start to climb.
Read More from: BankThink
2021-02-22
The deal for the $63 billion-asset People's United would create a company with more than $200 billion of assets and a branch network stretching from Maine to Virginia.
Read More from: BankThink
2021-02-21
The tie-up between the two Northeastern banks, which could be announced as early as Monday, would be the latest in a string of recent deals among regionals facing competitive and economic challenges.
Read More from: BankThink
2021-02-21
The agency is recruiting more attorneys and shuffling personnel under new Democratic leadership as it prepares to toughen oversight of the financial services industry.
Read More from: BankThink
2021-02-21
This article originally appeared in politicalsay on February 19, 2021 at https://politicsay.com/ag-letitia-james-wont-sue-nyc-over-taxi-medallion...
Read More from: Shenwick & Associates
2021-02-19
Summary: Emily Bennett owned an real property in fee simple in Rockingham County. In December 2019, she executed a Power of Attorney appointing Lisa Bennett-Smith as her attorney-in-fact. A few days later on December 9, 2016, Ms.
Read More from: NC Bankruptcy Expert
2021-02-19
The company is mulling the sale of certain retail operations the Asia-Pacific region as part of incoming CEO Jane Fraser's plan to streamline operations, according to people familiar with the matter.
Read More from: BankThink
2021-02-19
The Boston-based bank said the Office of the Comptroller of the Currency gave it the highest grade possible on its most recent Community Reinvestment Act examination.
Read More from: BankThink
2021-02-19
MoneyLion and Opportunity Financial are following in the footsteps of financial technology businesses that have raised billions of dollars from special purpose acquisition companies.
Read More from: BankThink
2021-02-19
The Small Business Administration wants to vet Paycheck Protection Program loans of $2 million or more, but lenders have grown tired of waiting for months with no updates.
Read More from: BankThink