Bankruptcy Blogs

Latest worry for PPP lenders: Liability for loans they didn't make

05/05/20

Bankers are bracing for accusations of discrimination in the way Paycheck Protection Program loans were allocated.

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Dear bankers: Don't return to your old, shareholder-first ways

05/05/20

Banks tend to pull back in times of crisis by tightening credit and focusing on collections efforts. But consumers, and not returns, must be the focus during the coronavirus pandemic.

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Discover names Maheras chairman after sudden death of Weinbach

05/05/20

Discover Financial Services said Thomas Maheras will serve as its chairman after the death of Lawrence Weinbach.

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Marriott gets $920 million in card deals with AmEx, Chase

05/05/20

Marriott International Inc. raised $920 million in cash through deals with co-branded credit card companies as it rides out the pause in travel due to the coronavirus.

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Comment fonctionne un family office ?

05/05/20

C’est au 19ème siècle que le family office est apparue pour la première fois aux États-Unis, et ce, selon la volonté des gens fortunés ayant le besoin de travailler avec une équipe interne pour la préservation et pour le développement de leur patrimoine familial. Actuellement, le family office tient encore une place importante, et le […]

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Big banks pull ahead in small-business aid after stumbles

05/05/20

The largest U.S. banks stepped up lending to dominate the government's small-business rescue program after playing an undersized role in its early days.

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Smaller banks grab bigger PPP share; U.K. launches ‘bounce back’ program

05/05/20

U.S. banks under $10 billion in assets made 60% of the loans in the first round of the Paycheck Protection Program; things go relatively smoothly in the U.K. as 110,000 small businesses apply for low-cost loans.

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Cheat sheet: 8 ways Fed is using emergency powers to counter pandemic

05/04/20

The central bank’s programs announced since mid-April in response to the coronavirus outbreak match if not exceed the actions it took during the 2007-9 financial crisis.

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Lonely, less productive: How employees really feel about working remotely

05/04/20

Kyum Kim, co-founder of online professional network Blind, describes the impact of the coronavirus pandemic's enforced quarantine on people who work in financial services.

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QCR records impairment charge tied to planned advisory group sale

05/04/20

The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm.

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