Bankruptcy Blogs

Community bankers’ grim reality: This is the new normal

12/13/17

Executives at small banks are wary about 2018 as concerns about lackluster loan demand, low yields and rising deposit prices abound.

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CIBC sees 17% of earnings coming from U.S. businesses by 2020

12/13/17

Canadian Imperial Bank of Commerce said it expects earnings contributions from its U.S. businesses to almost double to 17 percent in the next three years as the lender integrates its acquisition of Chicago-based PrivateBancorp.

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Why a Mexican department store chain is investing in a U.S. fintech

12/13/17

Grupo Coppel and Insikt, an online lender, would appear to be cut from different cloth, but they share an expertise in providing credit to working-class, largely Hispanic consumers. The retail conglomerate also operates 1,000 bank branches in Mexico, mixing banking and commerce in a way that U.S. regulators have not allowed.

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Shadow lending growing as Canadians chase housing dream

12/13/17

The risk to Canada's financial system from tapped-out borrowers is merely shifting — this time to a market where there's no oversight from the country's national bank regulator and new stress-test rules don't apply.

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House lawmakers poised to ease loan officer licensing rules

12/13/17

The House Financial Services Committee was expected to approve a bill as early as Wednesday that amends key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

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Dear Congress: Don't lose New Markets credit in tax reform deal

12/13/17

Lawmakers should preserve the credit meant to spur economic development as part of sweeping tax reform being debated in Congress this week.

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South Atlantic Bancshares in S.C. makes first bank acquisition

12/13/17

The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast.

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Heartland in Iowa to enter west Texas with First Bank acquisition

12/13/17

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

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SmartFinancial's latest deal involves expansion in middle Tennessee

12/13/17

The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.

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Bitcoin mania grows; Trump’s deregulation strategy

12/13/17

Interactive Brokers says it will allow customers to bet against the cybercurrency; aides to Alabama senator drafted for key regulatory positions to ease banking rules.

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