Bankruptcy Blogs

Equity Bancshares to buy banks in Kansas, Missouri

12/18/17

The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions.

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Hancock in Miss. to buy Capital One's trust and asset management business

12/18/17

The purchase will significantly increase Hancock's assets under management and administration.

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M&T’s Robert Wilmers dies; sex scandal claims Visa executive

12/18/17

Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.

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Can this robo-advisor firm become the Amazon of financial services?

12/18/17

Jon Stein plans to make Betterment's robo-advisor as personalized and intelligent as the online retailer's recommendation engine.

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Robert Wilmers, longtime M&T chairman and CEO, dies at 83

12/17/17

Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built into a regional powerhouse with $120 billion of assets and operations in a dozen states.

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Mortgage lenders fear ‘train wreck’ logjam due to IRS issue

12/17/17

Mortgage lenders are bracing for big delays in the processing of mortgage applications, citing a problem with the income verification system at the Internal Revenue Service.

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Call for Commercial Law Topics (and Jargon!)

12/16/17

For the spring semester, I am offering advanced commercial law and contracts seminar for UNC students, and have gathered resources to inspire students on paper topic selection as well as to guide what we otherwise will cover. But given the breadth of what might fit under the umbrella of the seminar's title, the students and I would greatly benefit from learning what Credit Slips readers see as the pressing issues in need of more examination in the Uniform Commercial Code, the payments world, and beyond.

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Customers may actually lose uninsured deposits in latest failure

12/15/17

For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.

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Can CFPB’s Mulvaney bring politicos to independent agency? Absolutely

12/15/17

When the acting director of the Consumer Financial Protection Bureau announced plans to bring aboard political appointees, many viewed it as antithetical to an independent regulator. But technically there is nothing stopping him.

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JPM leadership, Trump & Wells and more: Top stories of the week

12/15/17

JPMorgan Chase get a new branch banking leader; Trump's anti-Wells tweet stokes concerns; blockchain, GSE survival, and more in this week's top stories.

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