Bankruptcy Blogs

N26 signs up 250,000 U.S. customers in first five months stateside

01/27/20

The German challenger bank says it has quickly attracted Americans from every state and various demographic groups to its mobile banking app.

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ECB opens to large bank mergers; Deutsche Bank has a new scandal

01/27/20

The move by the European bank regulator is a policy shift as profitability at the region's banks continues to suffer from negative rates; the German bank paid $1.1 million to win business from a senior Saudi royal.

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Credit Unions with the Most Deposits

01/27/20

On Sep. 30, 2019. Dollars in thousands.

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Credit Unions with the Most Assets

01/27/20

On Sep. 30, 2019. Dollars in thousands.

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Credit Unions with the Largest Portfolios of Loans and Leases

01/27/20

On Sep. 30, 2019. Dollars in thousands.

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Industry to Crapo: Detach pot banking from public health debate

01/26/20

The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but bankers are trying a new argument in a last-ditch effort to sway lawmakers.

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Argentina’s Hundred-Year Bond and its Make-Whole Premium: A Spanner in the Works?

01/26/20

Argentina is on the brink of attempting a restructuring of its sovereign debt.  And, of course, that has attracted the birds of prey.  An article in Bloomberg a couple of days ago (here) reported that potential holdout creditors had hired expert lawyers to examine the fine print in Argentine contracts in the hope of finding a vehicle to support their litigation strategies.

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CFPB at long last defines enigmatic ‘abusive’ standard

01/24/20

In the past, the agency cited the legal term in enforcement actions without stating what it meant, but Director Kathy Kraninger has sought to give the industry clearer guidance.

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Sallie Mae's foray into personal loans proves short-lived

01/24/20

The company best known for student lending expanded into personal lending less than two years ago. Now it says it is refocusing on core strategic priorities.

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Synovus out to prove increased spending will pay off

01/24/20

The Georgia bank's operating costs rose in the fourth quarter, but executives sought to assure shareholders that investments will produce revenue growth in the long run.

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