Bankruptcy Blogs

Synovus invests broad authority in new COO

12/12/18

Synovus has given CFO Kevin Blair the additional title of COO. He will oversee three business lines, plus tech, operations and product and treasury management.

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City National builds out defense business with two new hires

12/12/18

The U.S. subsidiary of the Royal Bank of Canada has added bankers from MUFG Union Bank and Bank of America to its Orange County, Calif., team that serves the aerospace and defense industry.

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Temenos buys front office tech provider for $245M

12/12/18

The banking software company has acquired Avoka, a software-as-a-service company that helps banks with digital customer acquisition and onboarding and will add to Temenos’ digital front office product.

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Manafort, Cohen cases highlight banks' vulnerability to fraud

12/12/18

Time and again, two former associates of President Trump deceived banks in connection with loan applications. Their wealth, proximity to power and willingness to tell big lies all appear to have helped them get away with brazen schemes.

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Regions separates chairman and CEO roles

12/12/18

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

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Piling on: Democratic lawmakers join chorus of CECL critics

12/12/18

Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities.

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‘This is not a big boys club’: FINOS seeks to open up open source

12/12/18

A new unit of the nonprofit tech-development foundation is getting banks of all sizes to work together on cutting-edge software projects that could benefit the entire industry.

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Financing challenges of the smallest of small businesses

12/12/18

Owners of firms that employ only themselves would prefer to use loans or lines of credit, but more often than not they resort to credit cards, according to a new Fed report. Is this a missed opportunity for banks?

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Group applies with FDIC to open bank in New Hampshire

12/12/18

Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015.

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U.S. says Puerto Rican gangsters killed Doral banker in 2011

12/12/18

U.S. prosecutors have accused four alleged Puerto Rican drug traffickers with the murder of banker Maurice Spagnoletti, seven years after he was gunned down on a San Juan highway as he drove home from work.

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