Bankruptcy Blogs

CFPB fines Tennessee payday lender over claims it misled borrowers

10/24/18

Cash Express LLC allegedly sent customers threats of legal action even though the time for taking legal action had expired.

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The Fed likes safe banks. It's not so sure about this one though

10/24/18

TNB USA is suing the Fed to force the central bank to let it open an account that earns the same top-tier interest rate currently available only to a select few.

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Orrstown in Pa. to expand in Baltimore with Hamilton acquisition

10/24/18

Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.

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New York Community's profits fall on rising deposit costs

10/24/18

Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.

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JPMorgan private bank chief Coffey leaves to run City National

10/24/18

Kelly Coffey, who was recognized as one of American Banker's most powerful women in 2018, will succeed Russell Goldsmith as CEO of City National, a Los Angeles-based unit of Royal Bank of Canada, on Feb. 1.

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Evidence is now clear: Operation Choke Point hurt lawful businesses

10/24/18

New court documents underscore the damage inflicted by the Obama administration’s de-risking initiative, argues Rep. Blaine Luetkemeyer.

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BOK's profit get boost from loan growth, wealth management fees

10/24/18

The results did not include the company's purchase of CoBiz, which closed last month.

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VisionBank files application to open in Washington

10/24/18

Organizers plan to raise $25 million to $35 million in initial capital to focus on small and midsize businesses in northern Virginia.

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Kelly Coffey leaves JPM; real estate debt funds grow

10/24/18

The 25-year JPM veteran will pursue an opportunity elsewhere; private equity firms have a record $57 billion to loan for real estate.

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Regionals finding fee income a less reliable Plan B

10/23/18

The pressure is on for banks to lean more heavily on capital markets, wealth management and other nonmortgage sources of fee income. That could get tougher in upcoming quarters.

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