Bankruptcy Blogs

MUFG poaches top technology exec from U.S. Bancorp

10/31/18

Christopher Higgins will join MUFG Americas in December as chief information and operations officer.

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Former bank chairman charged with loan fraud

10/31/18

Fred Daibes and an associate allegedly conspired to fraudulently obtain loans from Mariner's Bank, a New Jersey institution he helped found.

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Fed draws line in sand on easing big banks’ burden

10/31/18

Regional banks were the ultimate winners in the Federal Reserve’s proposal to tailor supervision, but rules for the biggest banks remained largely unchanged.

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A new female CEO at a top 50 bank and an unexpected exit at BofA

10/31/18

One of the country’s 50 largest banks hires a female CEO, making JPMorgan Chase’s Kelly Coffey only the third woman in that exclusive club. Bank of America’s Michelle Moore exits the workforce. And sexual harassment prompts a walkout at Google.

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A comeback for stock buybacks

10/31/18

With their share prices slumping and growth prospects dimming, many banks are trying to appease investors by initiating buyback programs.

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How Freddie Mac's preparing for day it might enter private sector

10/31/18

When the mortgage giant will be released from government control is anyone's guess, but the company's third-quarter report shows signs of an easier transition.

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Fintech lender to produce farmers reaps $14M in funding

10/31/18

Harvest is when farmers need funding the most. ProducePay has financed over $850 million of produce in under four years, disrupting traditional finance rules in the farm-to-table process.

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Warning: The deregulatory mood can't last forever

10/31/18

The next downturn will come sooner rather than later, so bankers should press policymakers for several core improvements to the financial system before attitudes in Washington change.

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Farm Credit System makes a consumer push, and bankers push back

10/31/18

Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission.

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Fed unveils overhaul of large-bank supervision

10/31/18

In a highly anticipated proposal, the central bank outlined a new approach for its post-crisis supervisory program that divides banks into different tiers based on size.

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