Bankruptcy Blogs

Michigan bank raises $25 million in private placement

06/04/19

Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.

[more]

Credit union-bank merger wave reaches Arizona

06/04/19

Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State.

[more]

CFPB scheduled exams for debt collectors outside its jurisdiction: IG

06/04/19

The watchdog said the CFPB had trouble determining if some medical debt collectors were subject to its oversight, yet the exams were canceled before their start dates.

[more]

Atlas' Diamond is wary of European banks, says U.S. prices too high

06/04/19

The former Barclays CEO turned bank investor said he sees more opportunity in smaller, newer banks.

[more]

Why consumers just can't stop complaining about credit bureaus

06/04/19

For four years running, consumer complaints about the three national credit reporting agencies — Experian, Equifax and TransUnion — have dominated the CFPB’s database. What do they keep doing wrong?

[more]

BMO Financial's Ernie Johannson expands role

06/04/19

The Canadian parent of BMO Harris Bank in Chicago has named Johannson group head of North American personal banking, an extension of similar executive duties she holds in the U.S.

[more]

Losing Libor will be messy

06/04/19

The banking industry isn’t prepared to transition away from a key financial benchmark in 2021, and steps need to be taken now to avoid market disruptions.

[more]

Utah bank taps board member as next CEO

06/04/19

Michael Ward, a former CEO at Mrs. Fields Famous Brands, has been a Prime Alliance director for 14 years.

[more]

How Heritage Bank is rolling out its first AI chatbot

06/04/19

Lincoln Parks, director of marketing at Heritage Bank, explains the bank’s cautious yet forward-thinking approach to its new virtual assistant.

[more]

Citigroup insider trading leak alleged; Square works to reduce receipt snafus

06/04/19

Employee may have leaked information about upcoming deals; company says it’s rare that the wrong person gets email receipt, but it's looking to improve.

[more]