Howard Bancorp CEO Mary Ann Scully was so keen on buying 1st Mariner that she met with a representative of one of the Baltimore company's three largest shareholders before meeting with management, and she kept talking with them. It worked.
While fintech companies have helped change our understanding of what is possible in financial services, disruptors have largely ignored an important user base.
JPM chief says digital currency “has no actual value,” but likes the blockchain technology behind it; lender will wait until “the time is right” before re-applying.
Jevic--The Inside Story and the Impact on Future Chapter 11s featured participants from the case offering their perspective on the case and what it meant. Dan Dooley of MorrisAnderson was the Chief Restructuring Officer for Jevic. Domenic Pacitti of Klehr Harrison was Debtor's counsel. Rene Roupinan of Outten & Golden represented the WARN Act claimants. The panel was moderated by Judge Gregg W. Zive (Bankr. D. Nev.).
Two realistic utopians -- David Orban, founder of the London think tank Network Society Research, and Himi Khan, executive V.P. at the virtual assistant tech startup Clinc – share their AI vision.
The Tennessee company reported 6% growth in loans, which included strong C&I and CRE grains. However, revenue shrank thanks partly to a steep falloff in fixed-income fees.
The Office of the Comptroller of the Currency used "flawed statistics" and misstated the effects of the Consumer Financial Protection Bureau's arbitration rule on community banks, Director Richard Cordray said Friday.