Bankruptcy Blogs

Provision for loan losses plummets at Santander Consumer

07/25/18

That improvement and loan growth made up for a lower margin in a more profitable second quarter, but the loan growth relied heavily on the subprime lender's partnership with Fiat Chrysler that could be ending.

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Banks need to brace for Trump’s tariffs

07/25/18

Now’s the time for banks to consider how the country’s trade war could hit their bottom lines.

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KeyCorp exec bolts for Toyota

07/25/18

Vipin Gupta, who was chief information officer at Key Community Bank, will oversee strategy for information technology at Toyota Financial Services.

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Bitcoin bounces back; Southern community banks merge

07/25/18

The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A.

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Pot banking regtech is ready for its moment

07/24/18

Several firms are touting tools to help financial institutions bank legal marijuana-related businesses, an industry expected to yield $10 billion in retail sales this year.

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House Financial Services panel advances fintech, housing bills

07/24/18

Lawmakers approved legislation to enable coordination between state and federal regulators on examining banks' third-party vendor relationships.

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Wells Fargo freed from sanctions over treatment of service members

07/24/18

The OCC has terminated a 22-month-old consent order that stemmed from allegations that the bank unlawfully repossessed cars of members of the U.S. military.

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BankUnited's earnings gets boost from net interest income

07/24/18

BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased.

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Dodd-Frank is a success story: Progressives, former regulators

07/24/18

Elizabeth Warren, Sheila Bair and other regulatory hawks at a D.C. event hailed the reforms enacted in the wake of the 2008 crisis.

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