Bankruptcy Blogs

BNP Paribas to relinquish majority ownership of Hawaiian bank

05/08/18

A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.

[more]

Banks in constant game of catch-up in combating mobile fraud

05/08/18

Even as banks have built up their defenses, fraudsters continue to find new ways to try steal consumers’ identities to open accounts, take out loans or intercept payments.

[more]

Ohio receives first post-crisis de novo application

05/08/18

A group, led by former community bank CEO Dave Mallett, is planning Ohio State Bank in Columbus.

[more]

White House looks to extend Mulvaney's CFPB tenure

05/08/18

The administration is prolonging a decision on a permanent director for the agency to keep the interim chief in place until year-end or longer.

[more]

Large ag lender hires former Citi exec to fill key leadership post

05/08/18

Eric Itambo will become chief banking officer of CoBank, where he will oversee all lending operations.

[more]

No soft opening for Mitsubishi UFJ’s U.S. lobbying office

05/08/18

The Japanese bank, owner of Union Bank in San Francisco, has hired RBC alum Roger Blissett to raise its profile among lawmakers, oversee compliance and build deeper relationships with regulators as its recent charter switch continues to stir controversy.

[more]

Schneiderman's shocking departure doesn't get banks off the hook

05/08/18

Several tough critics of the financial industry are said to be on the shortlist to replace New York's attorney general.

[more]

Big banks should bring back U.S. jobs after tax cut: Brown

05/08/18

In letters to the six largest U.S. banks, the Ohio Democrat accused the banking sector of moving call center jobs overseas while reaping benefits from the recent tax cut law.

[more]

Optimal time for sub debt?

05/08/18

Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market volatility.

[more]

Eric Schneiderman’s many tangles with financial firms

05/08/18

Outgoing N.Y. Attorney General Eric Schneiderman has been a thorn in the side of financial institutions, using his state’s significant clout to affect national policy debate on a host of topics ranging from dark pools to cryptocurrencies. Here’s a look back at how Schneiderman has made his mark on the ways financial institutions do business.

[more]