Bankruptcy Blogs

Texas Capital, Independent Bank to combine in $3 billion merger

12/09/19

The deal will create a bank with nearly $50 billion in assets.

[more]

Goldman's small world; Bitcoin’s woes go beyond price

12/09/19

The bank may extend advisory service to clients with as little as $5,000 to invest; trading of the cryptocurrency has plunged.

[more]

Truist rising: With megamerger done, pressure on to deliver

12/09/19

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.

[more]

Four big questions as CRA proposal nears official release

12/08/19

The banking industry could finally have answers soon on the degree of agreement between regulators reforming the Community Reinvestment Act, how they envision CRA zones of the future and other key matters.

[more]

William Penn Bancorp to acquire pair of Philadelphia-area mutuals

12/07/19

The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.

[more]

Now $500 million richer, Chime eyes acquisitions

12/06/19

The challenger bank might use the proceeds from its latest funding round to buy other fintechs that would allow it to add more products and services, its CEO said.

[more]

Banker of the Year, Wells Fargo shake-up, credit union nemesis: Top stories of the week

12/06/19

Citizens Bank's Bruce Van Saun is our Banker of the Year; shake-up continues at Wells Fargo with poaching of Santander's CEO; the Navy commander behind the credit union banks love to hate; and more from this week's most-read stories.

[more]

Sovereign Gold Bonds in 2019: Really?

12/06/19

Mark Weidemaier and Mitu Gulati

[more]

House Democrats spar over rate cap bill

12/06/19

Moderates on the Financial Services Committee are attempting to block legislation that would extend the 36% interest rate cap on loans to military personnel to all consumers.

[more]

Russian 'Evil Corp' is behind a decade of bank hacks, U.S. says

12/06/19

The U.S. unveiled criminal charges and sanctions against members of a group that calls itself Evil Corp, which authorities blame for some of the worst computer hacking and bank fraud schemes of the past decade.

[more]