Bankruptcy Blogs

It pays to woo a seller's biggest investors early in bank M&A

10/16/17

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.

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Fintech’s Achilles heel: Reaching low-income consumers

10/16/17

While fintech companies have helped change our understanding of what is possible in financial services, disruptors have largely ignored an important user base.

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Dimon bashes bitcoin again; SoFi withdraws bank application

10/16/17

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.

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NCBJ Report: Jevic--The Inside Story and the Impact on Future Chapter 11s

10/15/17
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.).    
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Student Loans and the Elderly: How to Stop Student Loan Collectors and Social Security Garnishment

10/15/17

An increasing number of our senior citizens are faced with the same problems faced by many of our young adults: student loans.

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Breaking Banks: How AI will change financial services

10/14/17

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.

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Loan growth offsets fee-income drop at First Horizon

10/14/17

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.

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CFPB fires back at OCC's criticism of arbitration rule

10/13/17

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.

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Regulators shutter bank in Kansas

10/13/17

Farmers and Merchants State Bank of Argonia, Kan., was the seventh institution to fail this year.

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