Bankruptcy Blogs

JPMorgan wins shareholder support for executive pay plan. But there's a caveat

05/21/19

The 72% backing was the lowest approval rate for the resolution since 2015. An advisory firm criticized the bank's policy as too subjective.

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Small changes to stress testing could have big impact on risk, Tarullo says

05/21/19

Former Federal Reserve Gov. Daniel Tarullo warned that a Fed proposal to weaken the stress capital buffer, among other things, could hurt safety and soundness.

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Backers of pot banking bill see the finish line in House

05/21/19

The legislation faces a tougher path in the Senate where GOP leaders are reluctant to ease restrictions on what is still a banned narcotic.

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Will BB&T-SunTrust serve the community or Wall Street?

05/21/19

BB&T’s chief executive has not prioritized meeting with local leaders and consumer advocates to discuss its merger plans, missing a valuable opportunity to create a new kind of large bank.

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Citizens in Mississippi adds to Gulf Coast operations with latest deal

05/21/19

The company agreed to buy Charter Bank, which has four branches and $161 million in assets.

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PayPal-backed German fintech wants to improve Americans' returns

05/21/19

Raisin GmbH has hired Wealthfront’s Paul Knodel to expand its internet platform for bank-savings products to the U.S. If all goes to plan, the operation will go live within 12 months.

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First Internet to buy SBA platform from Colorado bank

05/21/19

First Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.

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Mexico courts big banks; New York eyes taxi lenders

05/21/19

New president suggests less regulation and meets with bank leaders; state and city check for illegal lending activity.

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What does it take to get consumers to switch banks?

05/21/19

Only 4% of consumers changed banks last year, according to J.D. Power. Behavioral psychologist Wei Ke explains why consumers are so reluctant to move their accounts and what other banks can do to convince them to switch.

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