2021-02-16
The leadership at Boston Private Financial Holdings wanted to establish a wealth management partnership with SVB Financial Group — but ended up striking a deal to sell the company to SVB instead.
Read More from: BankThink
2021-02-16
The AskResearch virtual assistant helps the company's employees quickly find specific information buried in proprietary research to facilitate their work with clients.
Read More from: BankThink
2021-02-16
Sundie Seefried, one of the credit union industry's foremost experts on cannabis banking, will transition to a new role this summer, leading a new venture serving the legal marijuana space.
Read More from: BankThink
2021-02-16
While the Mortgage Bankers Association hailed the move, some experts say it could negatively impact housing inventory.
Read More from: BankThink
2021-02-16
In a book that was decades in the making, retired law professor Art Wilmarth tells the story of the Glass-Steagall Act — its origins, demise and aftermath.
Read More from: BankThink
2021-02-16
Gov. Michelle Bowman said the agency's analysis of certain deals should weigh the competitive threats posed by technology companies and nonbanks.
Read More from: BankThink
2021-02-16
Summary: Firstar Bank, N.A. (pay close attention to the names) lent Linda Shaw funds to purchase her home subject to a Deed of Trust. When Ms. Shaw died, the property passed subject to her will to Theresa Hall, who took …
Read More from: NC Bankruptcy Expert
2021-02-16
Citigroup unexpectedly lost a legal battle to recover half a billion dollars it sent Revlon lenders, after the embarrassing blunder forced it to answer to regulators and tighten its internal controls.
Read More from: BankThink
2021-02-16
A planned combination with Premier Federal Credit Union in Greensboro, N.C., will expand the Charlotte-based credit union's reach in the Tar Heel State.
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2021-02-16
Others, like JPMorgan Chase, have shut down their mobile-only brands.
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2021-02-16
On February 15, 2021, Country Fresh Holding Company, Inc.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2021-02-16
On February 15, 2021, Country Fresh Holding Company, Inc.
Read More from: Bankruptcy and Restructuring Law Monitor
2021-02-16
Bank of America and Citigroup trimmed compensation for their chief executives in 2020, a year in which banks exercised restraint in compensating employees as the pandemic ravaged the economy.
Read More from: BankThink
2021-02-16
About 19 million loans, worth $7 trillion, are still strong candidates for refinancing; the pandemic has demonstrated the need for banks to close branches and cut jobs.
Read More from: BankThink
2021-02-16
Real bad. $15 per hour minimum wage will cost jobs and blow up some small businesses. McDonalds is fine with it, of course, drives out the competition and they can afford to invest in machine replacements for live workers.
Read More from: Stop Creditor
2021-02-16
Noninterest income from Paycheck Protection loans and mortgage refinancings isn't enough to make up for shortfalls elsewhere, and growth prospects are hard to identify.
Read More from: BankThink
2021-02-15
A full rebound won’t occur until next year at the earliest because of the slow vaccine rollout, most executives at small banks said in a new survey. Last summer, more than half expected a turnaround this year.
Read More from: BankThink
2021-02-15
A full rebound won’t occur until next year at the earliest because of the slow vaccine rollout, most executives at small banks said in a new survey. Last summer, more than half expected a turnaround this year.
Read More from: BankThink