Bankruptcy Blogs

L.A warns banks: Don’t set sales goals if you want city's business

12/14/17

A measure passed by the city council, which still needs final approval, would require banks that want city contracts to disclose whether they set individual or branch-level sales requirements. It comes in response to the Wells Fargo fake account scandal.

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Bitcoin surge spawns startup lenders willing to accept crypto-collateral

12/14/17

Lenders on the fringe of the financial industry are now pitching a solution to bitcoin investors in need of funds but wary of cashing in: loans using a digital hoard as collateral.

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For midsize banks, what’s the point of a holding company?

12/14/17

The holding company structure makes sense for large banks with complex business models and small banks looking to bulk up through acquisitions. But for a large swath of banks in the middle, the benefits are harder to spot.

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Community Banks with the Largest Portfolios of Home Equity Loans

12/14/17

On Sep. 30, 2017. Dollars in thousands.

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Community Banks with the Largest Farm Loan Portfolios

12/14/17

On Sep. 30, 2017. Dollars in thousands.

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Mutual holding company conversions stage comeback

12/14/17

A bull market and investor appetite for bank stocks are spurring more mutuals to consider partial conversions.

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BofA adds MIT scientist to board of directors

12/14/17

Maria Zuber, who oversees research administration and policy at MIT, has been appointed to the board's enterprise risk and corporate governance committees.

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As insurers drown in paper, banks see a digital opportunity

12/14/17

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

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FDIC inks information-sharing deal with E.U.’s resolution board

12/14/17

The Federal Deposit Insurance Corp. has forged a pact with the European Union-based entity that handles failed-bank cleanups to share information and collaborate on planning for cross-border resolutions.

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Western Alliance CEO Robert Sarver to retire in March

12/14/17

Ken Veccione, who rejoined the Arizona company earlier this year, is set to succeed Sarver.

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