Bankruptcy Blogs

EU fines Mastercard; Why climate change worries BofA

01/23/19

The bloc said the company artificially raised interchange fees in Europe; weather changes that increase flood risks may mean defaults on mortgages.

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Loan growth, Charter deal bboost to CenterState's profit

01/22/19

The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production.

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Consumer, commercial loan growth drive Capital One's 4Q profits

01/22/19

The McLean, Va., company also reported a decline in charge-offs on credit card loans.

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Disney executive joins Union Bank to head data insights team

01/22/19

Una Fox will be in charge of using AI and other data-driven technology to figure out what customers want from digital banking and how they want it.

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Fifth Third eyes middle market in Texas, Colorado

01/22/19

CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses.

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Provident Financial to buy New York wealth management firm

01/22/19

Provident's investment adviser unit will have nearly $3 billion in assets under management after it buys Tirschwell & Loewy.

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Industry group urges reopening of SBA, citing impact of shutdown

01/22/19

The shutdown is keeping the agency from approving about 300 loans per day, according to CBA President Richard Hunt.

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Is community banks' loan growth too much of a good thing?

01/22/19

Smaller institutions are booking loans at a faster clip than bigger lenders, raising concerns that they are relaxing standards in order to win business.

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Calif. regulator settles with lender accused of evading rate cap

01/22/19

The consent order against California Check Cashing Stores is part of a broader crackdown by the Department of Business Oversight on small-dollar lenders trying to skirt interest-rate limits.

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Furloughed employees' latest headache: Work-related credit card debt

01/22/19

For thousands of government employees, credit card bills are coming due for travel and other expenses they incurred before the shutdown.

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