Bankruptcy Blogs

Banks avoid retail crisis; consumer credit scores rise

05/30/17

Reliance on asset-based loans protects banks as retail chains flounder; average FICO score hits record 700 while the percentage of those with scores below 600 hits new low.

[more]

Why small businesses are more willing than ever to switch banks

05/30/17

A new survey finds that 14% of small and medium-size businesses switched banks last year and 18% are considering switching this year. Doug Brown senior vice president of FIS, explains why, and what banks should do about this.

[more]

Fayette County Bank becomes year's sixth failure

05/26/17

The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January.

[more]

Conditions chilly at home, Canadian banks seek U.S. expansion

05/26/17

Canada's big banks are pursuing wholesale banking, capital markets and select M&A opportunities across the border to hedge against a slowing mortgage market and other economic concerns on the home front.

[more]

Breaking Banks: AI, fintech and regtech

05/26/17

Jo Ann Barefoot, a former deputy comptroller of the currency, discusses her regtech startup Hummingbird.

[more]

Bankers would envy proposed appeals process for credit unions

05/26/17

The NCUA aims to give credit unions access to in-person hearings with its governing board. Such an opportunity is lacking at federal bank regulators.

[more]

Small banks get a vehicle for regulatory relief in the Senate

05/26/17

A bipartisan group of senators want more community banks to get relief from Dodd-Frank capital requirements.

[more]

Peapack-Gladstone to buy asset manager in its backyard

05/26/17

Murphy Capital Management in Gladstone, N.J., focuses on high-net-worth individuals, businesses and nonprofits.

[more]

People still don’t get community banks. Let’s help them understand

05/26/17

Bankers have conversations daily with clients, public officials and friends who don’t necessarily see the benefits that banking locally provides.

[more]