Bankruptcy Blogs

Hovde veteran named president of Sunwest Bank in Calif.

02/23/18

Carson Lappetito has a long history of working with firms tied to Eric Hovde, chairman and CEO of Sunwest's holding company.

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The community banker who got tangled up in the Russia probe

02/23/18

Stephen Calk is in the national media glare because his small Chicago-based bank made two enormous loans to Paul Manafort, President Trump's onetime campaign manager and a key figure in the investigation into Russian meddling in the 2016 election. Here’s a look at his career and how he ended up in this spot.

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Gender pay gap numbers at JPM, and other banks, don't tell whole story

02/23/18

JPMorgan Chase said Friday that its female employees earn 99% of what male employees make globally, but women remain underrepresented at senior levels and it hinted the unadjusted numbers it will report soon in the U.K. will be less flattering.

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TD's glitch, banks' role in gun debate and Russian trolls: Top stories of the week

02/23/18

TD Bank's disastrous update to its mobile and online banking systems earned the most attention from readers this week, along with stories on whether banks should stop processing payments for gun sales and a look at AML requirements in light of Russian election tampering.

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Are banks too blasé about mobile security?

02/23/18

A quarter of banks say they’ve experienced a mobile security incident in the past year. Many still lack basic security protections on employees’ devices, according to a study that came out this week.

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'Concert tonight': In a crowded app market, banks get personal

02/23/18

Relying on data such as income, location and spending habits, bank apps are delivering customized financial advice and tips relevant to the consumer, such as details about local events.

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Gloves off in CFPB tug of war between Mulvaney, Warren

02/23/18

The war of words between acting Consumer Financial Protection Bureau Director Mick Mulvaney and Sen. Elizabeth Warren, D-Mass., the agency's architect, is escalating.

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BB&T fixes ATMs hit by tech glitch, but online banking still down

02/23/18

The North Carolina bank is the latest regional to experience a widespread outage.

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Citi to refund $335 million after finding card APRs too high

02/23/18

Citigroup Inc., one of the world’s largest credit card issuers, said it will refund $335 million to U.S. customers whose annual percentage rate should have been lower.

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Eastern Bank readies reboot of successful tech lab

02/23/18

The Boston mutual, which lost its innovation team when it spun off Numerated last year, has hired a State Street executive to oversee a plan to encourage all employees to be more creative.

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