Bankruptcy Blogs

GulfMark Offshore, Inc. Files for Chapter 11 Bankruptcy

05/23/17

On May 17, 2017, GulfMark Offshore, Inc. (“GulfMark” or “Debtor”) filed a voluntary petition for bankruptcy relief under chapter 11 of the Bankruptcy Code in the United States District Court for the District of Delaware.

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Chairman and CEO roles combined at F.N.B. in Pennsylvania

05/23/17

The rising regional player has also appointed new chairs for four board committees as it prepares for the retirement of several long-serving directors.

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HSBC makes 'big bet' on Canada in bid for more market share

05/23/17

HSBC is getting aggressive in Canada — and one needs to look no further than its latest mortgage rate for proof of broader ambitions.

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The evolution of the ATM

05/23/17

Automated teller machines have come a long way since Barclays rolled out the world’s first ATM at a branch in north London 50 years ago. Here’s a look at some of the milestone moments and key innovations in ATM technology over the past five decades.

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Why de novos are still a no-no for this banker

05/23/17

Regulators have hinted that they're warming up to the idea of startups, but industry veteran George Groves is raising money to buy an existing bank because he fears the approval process will take too long.

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A Southeastern expansion at SmartFinancial

05/23/17

The Tennessee bank has agreed to pay nearly $85 million for Capstone Bancshares in Alabama.

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A mortgage for immigrants with money but no credit history

05/23/17

Bank of the West is using alternative data and the international expertise of its parent company to tap into the lucrative but difficult to underwrite market of middle- and upper-class immigrant mortgage borrowers.

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UBS dives into credit card fray with Chase, Amex to woo wealthy

05/23/17

UBS Group AG, Switzerland’s largest bank, plans to introduce a premium card this month as it seeks to strengthen ties with affluent Americans.

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Savings app maker Long Game raises $4M

05/23/17

Long Game uses behavioral economics and the mass popularity of lottery games to redirect lottery spending toward savings.

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Ask Alice — she'll say character is collateral

05/23/17

A Nebraska banking veteran put up $1 million of her own money to create a microlending program that doesn't require business owners to provide traditional collateral.

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