ABI Blog Exchange

2020-02-24
On February 24, 2020, Cosi, Inc., along with six of its subsidiaries, filed a petition for relief under Chapter 11 of the Bankruptcy Code
2020-02-24
The agency plans to conduct a review of how it regulates the 11 Federal Home Loan banks amid concerns that some companies are inappropriately seeking a back door into the Home Loan Bank System.

Read More from: BankThink

2020-02-24
Intuit is reportedly buying Credit Karma for $7 billion. The move is seen as a way for Intuit to get access to more consumer behavior data, generate new sources of income and potentially protect a key business.

Read More from: BankThink

2020-02-24
The author of a recent op-ed fails to realize that making credit unions pay corporate taxes would drive up costs for customers and weaken the economy.

Read More from: BankThink

2020-02-24
The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments.

Read More from: BankThink

2020-02-24
The deal, which could be announced Monday, would push the TurboTax maker into consumer finance; the bank would follow U.S. rival Goldman Sachs into the British market.

Read More from: BankThink

2020-02-23
Bernie Sanders’ rise to front-runner status for the Democratic nomination worries many bankers, but their opinions diverge on his electoral chances and whether a Sanders presidency would pose a direct threat.

Read More from: BankThink

2020-02-23
Community banks are entering the business as intermediaries to counter the pinch of low loan yields and intense competition on spread income.

Read More from: BankThink

2020-02-23
  The Bankruptcy Court for the Western District of New York issued two decisions on 19 February 2020 setting aside real property tax foreclosure sales on the homes of chapter 13 debtors.  In re Hampton,  2020 Bankr.

Read More from: Tampa Bankruptcy

2020-02-22
UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF OHIO WESTERN DIVISION AT DAYTON In re: GYPC, INC.,

Read More from: Chris Wesner Law Office LLC

2020-02-22
UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF OHIO WESTERN DIVISION AT DAYTON In re: TAGNETICS INC., Case No. 19‐30822

Read More from: Chris Wesner Law Office LLC

2020-02-21
The ten-digit penalty marks an important milestone for the bank, but individual ex-bankers may still be at risk and grueling hearings lie ahead for current leadership.

Read More from: BankThink

2020-02-21
The hearing will be one of three held by the House Financial Services Committee to scrutinize the bank next month.

Read More from: BankThink

2020-02-21
A deferred-prosecution agreement with the Justice Department spares the bank a potential criminal conviction — provided it cooperates with continuing probes and abides by other conditions.

Read More from: BankThink