Bankruptcy Blogs

'The distorted lens of one's ideology': Comments of the week

01/25/19

Readers weigh in on the Consumer Financial Protection Bureau's payday rule, consider the gender wage gap in banking, debate restrictions to membership at the Federal Home Loan banks and more.

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Customers Bancorp to keep BankMobile for at least two years

01/24/19

The Pennsylvania company said it expects the digital bank to become profitable by the end of this year.

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Higher-yielding loans contribute to Associated's 78% profit spike

01/24/19

An improved net interest margin helped offset a slight decrease in fee income at the Wisconsin company.

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Bank deal to boost Central Florida Educators FCU's business lending

01/24/19

The Lake Mary, Fla.-based credit union has agreed to buy Fidelity Bank of Florida for an undisclosed amount.

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Meeks of N.Y. to chair House financial institutions subcommittee

01/24/19

The Financial Services Committee also announced the head of a newly created subcommittee on diversity and inclusion.

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Shutdown threatens Midwest job growth, Huntington CEO warns

01/24/19

With SBA lending at a standstill, many small businesses can't access the capital they need to create and retain jobs, Stephen Steinour says.

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Is customer information safer with a blockchain database?

01/24/19

Spring Labs is spearheading a group of prominent fintech lenders to use a blockchain-based, peer-to-peer network to share consumer information to help with ID verification on loan applications.

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De novo activity's up, but organizers face familiar obstacles

01/24/19

Three groups in North Carolina have scrapped plans to start banks because of difficulty raising capital, among other reasons.

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BoE's Carney says jail for bankers a bluff, hitting pay is best weapon

01/24/19

Bank of England Governor Mark Carney said threats of jail for bankers are just a bluff and the real weapon to improve behavior is hitting pay packets.

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Four victims of SunTrust shooting were bank employees

01/24/19

Police in Sebring, Fla., have yet to determine a motive for the attack in which four SunTrust workers and one customer were killed. The shooter, Zephen Allen Xaver, has been arraigned on five counts of first-degree murder.

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