Bankruptcy Blogs

New bank applications grow; Wells Fargo may kill 2016 executive bonuses

02/09/17

The FDIC received eight new bank applications last year, not a lot but the most since the financial crisis; Wells' board is considering dropping bonuses for its top brass.

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FB Financial to buy two privately held banks in Tennessee

02/09/17

Clayton Bank and American City Bank are owned by Clayton HC and have a combined $1.2 billion in assets.

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TCF’s tough-guy CEO had a soft spot for working-class customers

02/09/17

Longtime TCF Chairman and CEO Bill Cooper, who died Tuesday at the age of 73, is being remembered as an innovator who never forgot where he came from.

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Wells Fargo scandal may cost top execs their 2016 bonuses

02/08/17

The bank's board is considering whether to withhold bonuses for CEO Tim Sloan and Chief Financial Officer John Shrewsberry.

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Banc of California adopts corporate-governance measures, adds activist to its board

02/08/17

Richard Lashley at PL Capital is taking over a board seat previously held by former CEO Steven Sugarman.

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Banking pro athletes: lucrative ... but complicated

02/08/17

Sports stars face unique challenges obtaining credit, and bankers need to develop certain skills to court those prospects successfully.

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Why hasn't Trump fired CFPB's Cordray?

02/08/17

Some experts say President Trump is being advised to hold off on firing CFPB Director Richard Cordray to get the Supreme Court to rule on the extent of the president's executive powers.

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FTC names new consumer protection chief

02/08/17

Most recently Thomas Pahl worked on debt collection and credit reporting issues as a partner at Arnall Golden Gregory in Washington.

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Small-bank specialties on the rise

02/08/17

Here are five ancillary business lines that lately have appealed to community banks pursuing new sources of loans or fee income.

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Nothing to see here? Banks' latest cybersecurity concern

02/08/17

The latest cyberattacks on banks (and others including the Democratic National Committee) can no longer be found by traditional means, as they lurk in memory and necessary computing tools.

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