Bankruptcy Blogs

Associated Banc-Corp. hits growth targets, reports CRA upgrade

04/20/17

The Wisconsin regional's profits rose 35% in the first quarter on healthy loan growth, wider margins and an improved efficiency ratio while saying its "satisfactory" CRA rating had been restored.

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Regionals’ coping strategy: Cost-cutting, innovation, a lot of patience

04/20/17

Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.

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United Community to buy HCSB Financial in South Carolina

04/20/17

The deal is the latest coastal acquisition for United Community. For HCSB, the sale is the final chapter in a turnaround that began 13 months earlier.

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U.S. Bank ties perks of high-end card to mobile payments

04/20/17

Banks have long believed that the key to sparking mobile payments is better incentives, but U.S. Bank is taking that to the extreme with a new product that pays triple points for such purchases.

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A look at UMB's decision to sever ties with its funds business

04/20/17

Mariner Kemper, UMB's chief executive, said he struggled with the decision to sell Scout Investments to Raymond James. Selling made more sense than pumping more capital into the beleaguered business.

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Mnuchin targets FDIC powers, Volcker as top reg priorities

04/20/17

Treasury Secretary Steven Mnuchin said fixes to orderly liquidation authority and the Volcker Rule would be included in regulatory recommendations to the president due this summer.

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Tim Sloane

04/20/17

Tim is the Vice President of Payments Innovation at Mercator Advisory Group and guides research in the many complex technologies impacting payments including biometrics, identity management, blockchain, tokenization, IoT, machine learning and cloud technology, to name a few.Tim’s background includes management of a software Research & Development organization that was responsible for developing and certifying international data communications products.

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Proposed Florida de novo clears key regulatory hurdle

04/20/17

The Office of the Comptroller of the Currency has given preliminary conditional approval for Winter Park National Bank, allowing organizers to work on office space, hire staff and raise capital.

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MBA outlines privatization plan for Fannie, Freddie

04/20/17

The Mortgage Bankers Association released a detailed transition plan Thursday designed to help policymakers turn the government-sponsored enterprises into private guarantors of mortgage-backed securities.

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Citi CFO: Student loan market shows signs of overheating

04/20/17

Student loans are showing signs of growing too fast, perhaps the only market flashing a warning even as the economic recovery grows older, Citigroup Chief Financial Officer John Gerspach said.

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