Bankruptcy Blogs

Kabbage to further challenge banks with $250,000 credit lines

01/30/18

The online lender to small businesses is expanding its business deeper into traditional banks’ territory with larger loans.

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JPMorgan's executive shuffle: Is a woman CEO out of the picture?

01/29/18

Speculation has existed for awhile that JPMorgan Chase could be the first of the megabanks to name a woman chief executive, but the elevation of executives Daniel Pinto and Gordon Smith to co-presidents and co-COOs seemed to put them in the lead to succeed Jamie Dimon.

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Mulvaney could use Dodd-Frank to gut CFPB mortgage rules

01/29/18

The acting head of the Consumer Financial Protection Bureau can utilize "look-backs" of mortgage servicing and underwriting rules to push for significant changes.

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DOJ tells First Financial to ditch five MainSource branches

01/29/18

The divestitures are necessary to get the Justice Department to sign off on First Financial's $1 billion purchase of MainSource Financial.

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Strengthening leadership of niche lines at Regions

01/29/18

The Alabama bank has named one of its own to head up the company’s property and casualty insurance business, and it has made a key hire in its health care banking group.

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Guaranty Bancshares to enter Houston with Westbound Bank deal

01/29/18

The Texas company will gain four branches and $160 million in loans after the acquisition closes.

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B of A’s latest destination: Pittsburgh

01/29/18

Bank of America has signed leases on its first three branches in the Steel City, part of its retail business' expansion into new markets.

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Wild claims, armed raids: The blockchain bank that wasn’t

01/29/18

AriseBank said it was the first crypto platform to buy a traditional bank. But there’s no evidence it did anything of the kind — and its founder now says it has been raided by the FBI.

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Sexual harassment widely experienced, but rarely reported in mortgage lending

01/29/18

More than 70% of women mortgage professionals have experienced sexual harassment in the workplace, but these incidents go drastically underreported, according to a recent Mortgage Bankers Association survey.

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Triumph Bancorp plans to exit health care lending

01/29/18

The Dallas company has agreed to sell its health care lending group to an undisclosed buyer.

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