Bankruptcy Blogs

NCR chief executive Nuti stepping down

03/22/18

The technology company's major projects over the past couple of years have included a diversification to serve merchants' cross-channel shopping and payment needs, adding advanced ATM technology in Europe and upgrading hardware to compete with rivals such as Square.

[more]

Georgia bank to be sold to credit union

03/22/18

LGE Community Credit Union has a deal to acquire Georgia Heritage Bank. It's the fourth time this year a credit union has agreed to buy a bank.

[more]

Umpqua beefs up wealth business in Southern California

03/22/18

The Portland, Ore., company has hired four private bankers from City National as part of a broader effort to provide a full range of services to business owners and high-net-worth households in Orange County and San Diego.

[more]

Millennial workers can help community banks compete

03/22/18

Small institutions need to rethink their approach to younger employees, giving them more opportunities and responsibilities — and borrowing from their digital know-how.

[more]

Citi defends Kushner loan; two regionals back CommonBond

03/22/18

The bank says CEO had no input into $325 million loan to Trump's son-in-law; Fifth Third, First Republic take equity stake in online student loan lender.

[more]

College students pay for spring break with student loans

03/22/18

Are American college students using their student loan dollars wisely? A LendEDU study explored how those funds are spent.

[more]

Dimon: Data privacy 'issue is a big deal'

03/21/18

Jamie Dimon, chairman and chief executive of JPMorgan Chase, jumped into the growing debate Wednesday over how consumer data is collected and used, responding to concerns about stolen Facebook data.

[more]

Former Mastercard chief joins Equifax board

03/21/18

Robert Selander was named an independent director of the embattled credit bureau, which is still trying to regain public confidence after a huge data breach last year.

[more]

Rosemary Berkery, a member of UBS’ ‘Merrill mafia,’ to retire

03/21/18

Berkery, the chairman of UBS Bank USA, will be succeeded by Michael Blum. Berkery, a Merrill Lynch alum, was part of the turnaround team at UBS' wealth management unit, and during her tenure, the lending book at its bank more than doubled in size.

[more]

Fed ‘fully prepared’ to regulate banks under $250B: Powell

03/21/18

While regulatory relief legislation would raise the asset threshold for “systemically important” banks, Federal Reserve Chairman Jerome Powell said the central bank could still apply prudential scrutiny to banks below that new cutoff.

[more]