Bankruptcy Blogs

For this bank buyer, the country's where the action is

07/06/18

While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets.

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Recapitalized Fla. bank brings in new leadership

07/06/18

Beach Community Bank, which recently added $100 million in capital, hired veteran banker Carl Chaney as its executive chairman.

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Regulators have their eye on AI

07/06/18

Banks need to be prepared for increased regulatory scrutiny as they adopt artificial intelligence technologies.

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AML software vendor ThetaRay raises $30 million

07/06/18

The fundraising is a sign of the rise in the anti-money-laundering market, which is expected to reach $4.26 trillion worldwide in less than a decade.

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JPMorgan denies report it's considering Deutsche Bank stake

07/06/18

JPMorgan Chase denied a report in the German magazine WirtschaftsWoche that it's interested in acquiring a stake in Deutsche Bank, after the lender's share price slumped.

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Credit Suisse settles nepotism charges; JPM broaches Brexit

07/06/18

The Swiss bank allegedly hired Chinese officials’ friends and relatives to win business; JPM asked “several dozen” employees to consider moving from London.

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Capital One taps U.S. card executive to lead Canadian operations

07/06/18

Jennifer Jackson will succeed Shane Holdaway as head of the Toronto-based unit, which has 1,200 employees.

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'Stop the casinos called banks': Comments of the week

07/06/18

Readers weigh in on inequality in financial services, opine on falling bank reputations, chime in on the evolving role of the chief risk officer and more.

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What kind of bank does the gig economy want?

07/05/18

Founders of the startup digital bank Cogni say they have the formula for reaching Uber drivers and the like, but observers warn it's a group that won't be easily won over.

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All eyes will be on C&I in banks' 2Q results

07/05/18

There are signs that commercial loan demand finally picked up in the second quarter, but banks still face some obstacles.

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