Bankruptcy Blogs

What bankers want from CRA reform

11/08/18

The head of the Consumer Bankers Association lays out four industry priorities for the regulatory push to overhaul the Community Reinvestment Act.

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Parkway in western Virginia lines up next CEO

11/08/18

Blake Edwards Jr. will take the helm at the parent of Skyline National Bank when J. Allan Funk retires next month.

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Wells Fargo is said to weigh sale of retirement-plan unit

11/08/18

Wells Fargo is considering a sale of its retirement-plan services business, which could fetch as much as $1 billion, according to people familiar with the matter.

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More trouble for Wells; Banks’ ‘unorthodox’ move

11/08/18

The OCC is looking into problems in the bank’s technology operations; banks turn to untraditional methods to raise revenue from research.

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Sizing up the real fintech threat to banks

11/07/18

Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?

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Los Angeles voters reject public bank

11/07/18

Banking industry groups said they were vindicated by the defeat of the ballot measure, but public banking advocates plan to keep pushing the idea.

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Blue Ridge Bankshares hires CEO for N.C. bank

11/07/18

The Virginia company said that Carolina State Bank is on pace to open later this month.

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With Jeff Sessions out, will pot payments thrive?

11/07/18

During his time as U.S. attorney general, Jeff Sessions was an outspoken opponent of the legalization of cannabis sales. Now that Sessions has resigned, legal marijuana is poised to become a growth industry.

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Will the election give bank stocks a lift?

11/07/18

The results won’t do much to stimulate loan growth but could still provide the boost that investors have been waiting for.

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Crapo, Senate Banking GOP probe FDIC on Operation Choke Point

11/07/18

Republicans on the Senate Banking Committee expressed concern that FDIC examiners are verbally discouraging banks from working with certain businesses.

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