Bankruptcy Blogs

Digital banking's key trends: Demand, competition, mobile on the rise

04/19/18

Consumers around the world are increasingly accessing banking solely through digital means, according to new global studies by Oracle and the World Bank.

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New name suggests regional focus for growing N.J. bank

04/19/18

Sussex Bank, which recently completed its first whole-bank acquisition, is rebranding itself as SB One Bank.

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Farewell to Signatures...

04/19/18

Here's what all of the commentary I've read has overlooked.  Signatures are utterly irrelevant to consumers except to the extent that the slow down the transaction. (Ok, they also require those germaphobes among us to touch a shared pen when we were doing just great with a contactless NFC transaction). The signature requirement has ZERO effect on consumer liability.  Federal law already limits consumer liability on unauthorized credit card transactions to $50.

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New deal shows that BancorpSouth's reg issues are a thing of the past

04/19/18

BancorpSouth, which had two prior deals delayed over BSA and CRA issues, has agreed to buy a bank in the Houston area.

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Acquisitions drive loan, profit gains at People’s United

04/19/18

The Bridgeport, Conn., company said that first-quarter net income climbed 52% over the same period last year to $107.9 million.

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Fee revenue rises 8% at Bank of New York Mellon

04/19/18

The custody bank benefited from a wide range of economic forces in the first quarter

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Cincinnati Bancorp crosses over state line with mutual deal

04/19/18

The company will merge with Kentucky Federal Savings and Loan by the end of this year.

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M&A, tax cuts boost KeyCorp

04/19/18

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income.

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W.Va. merger designed to compete against bigger banks

04/19/18

Premier Financial agreed to buy First Bank of Charleston for $33 million.

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Senate moves to kill CFPB auto rule; Amex profit soars 31%

04/19/18

Bill to end the guidance intended to fight discriminatory lending now goes to the House; card company’s push to make more loans to customers pays dividends.

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