2020-07-12
The pressure is on for banks to help Black and Hispanic households build net worth. Many say that starts with diversifying the ranks of middle and upper management.
Read More from: BankThink
2020-07-11
New president of Promontory Interfinancial Network says recession will cause "hundreds" of nonbank disruptors to fail; lenders face dilemma over offering Main Street loans to noncustomers; PNC Financial expands, diversifies executive leadership te
Read More from: BankThink
2020-07-10
For all banks' claims that credit unions pose a threat to their commercial lending market share, they've accounted for just 2% of volume in the Paycheck Protection Program.
Read More from: BankThink
2020-07-10
However, for those that aren't current bank customers, they need to have $1 million in a qualifying account.
Read More from: BankThink
2020-07-10
Below please find a link to a newly-updated version of the Sheppard, Mullin, Richter & Hampton LLP (Sheppard Mullin) Paycheck Protection Program (PPP) Loan Forgiveness Estimator Workbook (the Workbook), which was cre
Read More from: Bankruptcy and Restructuring Blog
2020-07-10
The panel later this month will vote on the nomination of Judy Shelton, whose views on certain policy issues have met with skepticism from both Democrats and Republicans.
Read More from: BankThink
2020-07-10
After tech firms assisted community bankers in processing applications in the Paycheck Protection Program, small-business lenders are continuing to engage with cloud providers and other outside companies to automate the loan forgiveness process.
Read More from: BankThink
2020-07-10
By Salene Mazur Kraemer, Esq.Partner, Bernstein-Burkley One of the major issues resulting from the COVID-19 pandemic has been what landlords and property owners should do about evictions and foreclosures for occupants having difficulty making paym
Read More from: Bernstein-Burkley, P.C.
2020-07-10
Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year.
Read More from: BankThink
2020-07-10
A subprime-related settlement between the government and Deutsche Bank provided meaningful benefits to some U.S. consumers in need, according to a new report.
Read More from: BankThink
2020-07-10
The Fed has already eased certain capital requirements in response to the coronavirus pandemic. It should avoid making any further adjustments to the surcharge, which is meant to keep global banks from creating systemic risks.
Read More from: BankThink
2020-07-10
BNCCORP named an interim CEO as it looks for a permanent successor for Timothy Franz.
Read More from: BankThink
2020-07-10
The bank is expected to report a small net profit for the second quarter next week; shareholders are challenging the government's 2012 decision to appropriate nearly all of the agencies' profits.
Read More from: BankThink
2020-07-09
Jay Hendricks, the company's chief operating officer, will succeed William Foster in August.
Read More from: BankThink
2020-07-09
Several big bank mergers fell apart after the coronavirus hit. But Bryan Jordan, First Horizon's CEO, said the pandemic validated plans to cut costs an invest more in digital upgrades.
Read More from: BankThink
2020-07-09
Two state assembly members introduced legislation that would let the California Infrastructure and Economic Development Bank accept deposits from public entities and provide financing to small businesses and local governments.
Read More from: BankThink
2020-07-09
Fercho will join Wells Fargo in August and report to Mike Weinbach, the bank's CEO of consumer lending.
Read More from: BankThink