2020-03-03
Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands.
Read More from: BankThink
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.
Read More from: BankThink
2020-03-03
In announcing the central bank’s emergency rate cut, Chairman Jerome Powell warned that the Fed can only do so much.
Read More from: BankThink
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.
Read More from: BankThink
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.
Read More from: BankThink
2020-03-03
The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees.
Read More from: BankThink
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.
Read More from: BankThink
2020-03-03
The disease could lead to less lending business and more loan defaults; Sergio Ermotti will join the insurance company as chairman in 2021.
Read More from: BankThink
2020-03-02
From 2010 to 2018 the South Carolina bank was on the FDIC's problem bank list, but in the last two years it has been profitable.
Read More from: BankThink
2020-03-02
Wells Fargo and JPMorgan Chase recently avoided shareholder votes tied to their use of arbitration clauses in sexual harassment cases.
Read More from: BankThink