Bankruptcy Blogs

Cross River gets onboarding system it coveted in fintech deal

06/24/19

Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients.

[more]

PROMESA heads to the U.S. Supreme Court?

06/24/19

In February 2019, the United States Court of Appeals for First Circuit held that the selection process of the Oversight Board in PROMESA, the rather bipartisan Puerto Rico debt restructuring law (and more), is unconstitutional. The reason: its members were not selected with advice and consent of the Senate, in violation of the Appointments Clause.

[more]

As California mulls rules for payday loan alternative, rifts emerge

06/24/19

Companies that offer early access to earned wages want a regulatory framework for their fast-growing industry. But the bill under consideration in Sacramento is exposing big divisions in the sector.

[more]

BNY Mellon is all-in on digital

06/24/19

Some banks are setting up their own parallel digital banks, while others form innovation labs. Roman Regelman says BNY Mellon is transforming the entire institution.

[more]

Warren sounds alarm on HUD hiring of embattled CFPB official

06/24/19

Sen. Elizabeth Warren said Eric Blankenstein's past writings disqualify him from working at the Department of Housing and Urban Development.

[more]

Banks and Thrifts with the Most Deposits

06/24/19

On Mar. 31, 2019. Dollars in thousands.

[more]

Banks and Thrifts with the Most Assets

06/24/19

On Mar. 31, 2019. Dollars in thousands.

[more]

1st Constitution to expand in northern N.J. with bank purchase

06/24/19

Shore Community Bank, which has five branches in Ocean County, will sell for $53 million.

[more]

OCC hits Michigan bank with order tied to Bank Secrecy Act compliance

06/24/19

Sterling Bancorp must enhance its BSA policies and hire an outside firm to review its account activity.

[more]

Banks, regulators can help themselves by helping young adults

06/24/19

Intern programs are just one example of an activity that should count for CRA credit and meet Dodd-Frank requirements, says Comptroller of the Currency Joseph Otting.

[more]