Bankruptcy Blogs

Tech-averse bank warms to digital banking

03/06/19

For years Carter Bank in Virginia had resisted technology of all kinds — even ATMs. But a leadership change, rising rates and a thirst for low-cost deposits finally led to a change in philosophy.

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House Democrats target CFPB politicos, other Mulvaney changes in new bill

03/06/19

The legislation comes a day before CFPB Director Kathy Kraninger is set to testify to Congress.

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Wells Fargo speculation, female-friendly fintechs and Most Powerful Women on the move

03/06/19

Is it realistic to think Wells Fargo might get a new female CEO? How one fintech makes women feel welcome, and how another fosters innovation. Plus some of our Most Powerful Women make big moves – two retire, one jumps from BNY Mellon to Amex, one exits a board and another joins one.

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Dear CFPB: Revamp your complaint database

03/06/19

Under the recently appointed Director Kathy Kraninger, the bureau has the opportunity to address numerous problems with its collection and presentation of consumer grievances.

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BancorpSouth announces acquisitions in Florida, Texas

03/06/19

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

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Goldman unbuttons its collar; PACE loan rules coming

03/06/19

The white-shoe firm is relaxing its “stuffy” dress code for a more “flexible” one; the CFPB plans to toughen rules on energy-saving project lenders.

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Will big banks' suit against NCUA be a bust?

03/06/19

Several megabanks have sued the National Credit Union Administration claiming breach of settlement in a previous case related to mortgage-backed securities, but trends may favor the agency.

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Community bankers brace for rough year — and worse 2020

03/05/19

Concerns about an economic slowdown, rising deposit prices and cybersecurity abound, a survey found.

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Peril and promise in lending to retailers

03/05/19

Brick-and-mortar retail isn’t dead yet. Though the trend of retailers closing stores in the face of stiff competition from e-merchants is certainly troubling to commercial real estate lenders, it would be a mistake to conclude that all retail loans are risky. Here's a look at which ones are the safest and, potentially, the scariest.

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Is Dodd-Frank oversight council still relevant?

03/05/19

The interagency panel formed to head off approaching systemic risks must figure out its next move after having undone designations of nonbank firms.

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