Bankruptcy Blogs

Heartland in Iowa to buy Minneapolis-area bank

11/14/17

The company will pay $53 million in cash and stock for Signature Bank.

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What banks can expect from the next Fed chairman

11/14/17

Jerome Powell has been in the public eye for decades. But what he would actually do with the job is unknown. American Banker reporter John Heltman explains.

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Fidelity latest financial firm to facilitate data sharing with fintechs

11/14/17

Following in the footsteps of Chase, Wells Fargo and others, Fidelity is launching an application programming interface to let third-party apps access customer data — as long as the customers grant permission.

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BNY Mellon names new CFO, promotes three executives to lead largest unit

11/14/17

In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York-Mellon.

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Winners and losers of Senate reg relief bill

11/13/17

It was a decidedly mixed bag for banks and credit unions in the Senate regulatory relief bill, with some institutions doing quite well while others were left out in the cold. Following is a guide to who was helped - and who lost out.

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Prosper reports $26M loss despite spike in lending

11/13/17

The San Francisco company is one of numerous online lenders that are struggling to become profitable.

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Public banking: The other winner in 2017 elections

11/13/17

The election of Democrat Phil Murphy as New Jersey's next governor is being hailed as a victory for advocates of state-owned banks. But challenges remain — namely, stubborn opposition from mainstream banks.

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CFPB requests information on free access to credit scores

11/13/17

The Consumer Financial Protection Bureau is seeking more information about consumers' experience with free access to credit scores.

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East West to sell eight branches, millions in deposits in Calif. to Flagstar

11/13/17

The planned sale will also include $70 million of loans in southern California.

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