Bankruptcy Blogs

JPMorgan's digital-only brand rolls out nationally

06/28/18

The bank's Finn app is attracting users by removing complexity from mobile banking.

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JPMorgan buys air rights from midtown church to build its new HQ

06/28/18

JPMorgan Chase will buy as much as 555,000 square feet (52,000 square meters) of air rights from a landmarked Manhattan church as it prepares to build its new headquarters.

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Tax law upends banks’ CCAR stress test scores

06/28/18

The president’s signature tax reform law muddled this year’s stress test results, causing several banks to incur greater-than-expected losses and spurring the Federal Reserve to constrain capital distributions at a handful of banks.

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TD gives away fintech in hopes of getting new business

06/28/18

It usually costs small businesses a lot of time and money to calculate their own value. TD Bank is offering them a free digital tool that performs the task quickly.

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Banks take page from 'Shark Tank' to connect with businesses

06/28/18

Sponsoring so-called pitch competitions helps lenders gain Community Reinvestment Act credit and gather deposits.

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Online banks struggle to stay connected with younger mobile users

06/28/18

A new survey from J.D. Power shows that customers of digital-only banks, such as Capital One 360 and Ally Bank, are less satisfied with their banks' mobile channels than they were a year ago. Declining satisfaction among younger consumers is driving that trend.

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FNS Bancshares in Ala. wades into Georgia with small bank acquisition

06/28/18

FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal.

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Fifth Third expects $200M gain from sale of Worldpay shares

06/28/18

The Cincinnati company sold 5 million shares in the payment processor, as it continues to scale back its ownership stake.

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SmartFinancial in Tennessee lands another acquisition

06/28/18

SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012.

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9 tech challenges facing banks

06/28/18

Disruptive upstarts. Glitches galore. Open banking adoption. Financial institutions are being challenged on multiple fronts — here’s a look at how they’re coping.

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