Bankruptcy Blogs

Paul Manafort convicted of bank fraud, other charges

08/21/18

President Donald Trump's former campaign chairman was convicted on eight fraud counts, including two counts of bank fraud. He faces jail time on each count.

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Lawsuit, taped recordings by accuser keep pressure on FHFA’s Watt

08/21/18

The employee who made sexual harassment allegations against the agency’s director also claims Watt withheld her pay increase after she refused his advances.

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Freed-up Flagstar ponders more M&A, other growth moves

08/21/18

The Troy, Mich., company is operating unfettered by regulatory orders for the first time in a decade, and its CEO says Flagstar now has the flexibility to pull the trigger faster on deals and accelerate its diversification beyond mortgages.

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Breaking Banks: Fintechs address the over-50 set

08/21/18

Theodora Lau and Brad Leimer of Unconventional Ventures, Heather Holmes of Genivity and Marci Lobel-Esrig of SilverBills discuss fintech for older generations.

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‘Padlock the revolving door’: Warren makes anti-corruption pitch

08/21/18

The senator's proposed legislation includes a ban on individual stock ownership and restrictions on government employees joining the lobbying ranks.

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Virginia bank's IPO would fund M&A deal

08/21/18

FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank.

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Bank of the West exec bolts for startup, sees chance 'to redefine retail banking'

08/21/18

Thibault Fulconis recently became CFO of the digital banking venture Varo Money, which has applied for a national bank charter.

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Canadian banks to post profit gains on rising interest rates

08/21/18

Canadian banks will likely report profit gains of as much as 10% in the third quarter as four rate increases by the Bank of Canada make consumer and commercial loans more profitable.

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Hanmi tweaks offer for Houston bank

08/21/18

Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.

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Don't let that data you're sitting on go to waste

08/21/18

To compete with fintech startups, banks need to find more ways to use the mountains of data already at their disposal.

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