2020-11-06
The statement comes after multiple small and midsize institutions earlier this year warned the agencies that the secured overnight financing rate was ill-suited to them.
Read More from: BankThink
2020-11-06
The bank disclosed in a regulatory filing that it is in the process of responding to a civil subpoena from the Consumer Financial Protection Bureau.
Read More from: BankThink
2020-11-06
Figure Technolgies, the home equity lender founded by the former CEO of SoFi, is seeking a national bank charter so it can offer more products and services while reducing the need for state-by-state licenses.
Read More from: BankThink
2020-11-06
On November 6, 2020, Blitman Saratoga, LLC, the owner and builder of a residential single-home community in Saratoga Springs, NY named Beaver Pond Village, filed a voluntary
Read More from: Bankruptcy and Restructuring Law Monitor
2020-11-06
On November 6, 2020, Blitman Saratoga, LLC, the owner and builder of a residential single-home community in Saratoga Springs, NY named Beaver Pond Village, filed a voluntary
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-11-06
Banks must address the societal issues that resonate deeply with their customers and communities, says Regions Financial chief John Turner.
Read More from: BankThink
2020-11-06
Muhlenberg Community Hospital CU said in a notice to members it needed a merger partner in part because it did not have the resources to keep up with monitoring for "cybersecurity and terrorism activities."
Read More from: BankThink
2020-11-06
Integrity Bank for Business is being pursued by a group with ties to Heritage Bankshares, which was sold in 2016.
Read More from: BankThink
2020-11-06
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems.
Read More from: Levitt & Slafkes LLC
2020-11-06
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems.
Read More from: Levitt & Slafkes LLC
2020-11-06
Infinity FCU sought out a merger partner after realizing that even at $338 million in assets it was too small to provide the technologies members wanted. It could be a harbinger of more deals among larger players.
Read More from: BankThink
2020-11-05
Executives from a half-dozen major financial institutions avoided detailed commercial lending forecasts and gave a mixed outlook on consumer credit at an industry conference.
Read More from: BankThink
2020-11-05
The agency's "no-action" letter is intended to provide more regulatory certainty for the bank after it announced a short-term credit product available to checking account customers next year.
Read More from: BankThink
2020-11-05
Asked about the political uncertainty surrounding the undecided presidential race, Federal Reserve Chair Jerome Powell said the central bank isn’t wavering from its duty “to support the economy during this difficult time.”
Read More from: BankThink
2020-11-05
Thomas Pinder held jobs at the Justice Department and FDIC before coming to the American Bankers Association in 2012.
Read More from: BankThink
2020-11-05
The region now leads the nation in virus cases, and with winter lurking the fear is that the outbreak will only get worse.
Read More from: BankThink
2020-11-05
In its lawsuit against Visa, the Justice Department alleges the card network's $5.3 billion deal to buy Plaid is meant to neutralize a competitive threat — even though Visa and Plaid do not see themselves as competing with each other.
Read More from: BankThink
2020-11-05
“The asset management industry in particular has found it is quite productive to work from home,” says Mary Erdoes, who runs asset and wealth management at JPMorgan Chase.
Read More from: BankThink
2020-11-05
Founder Caitlin Long says the blockchain bank plans to issue a virtual currency and help hedge funds and family offices trade digital assets now that it has a special-purpose banking charter in Wyoming.
Read More from: BankThink