Bankruptcy Blogs

Howard Bancorp in Md. is planning to raise $36M

01/27/17

The company said it could use proceeds for repaying debt and acquisitions, among other things.age%22:Hz�/̘

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Banc of California to pay ex-CEO Sugarman $4M after his resignation

01/27/17

Sugarman left less than two weeks after the SEC launched an investigation into company statements.

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'Some bankers. SOME': Comments of the week

01/27/17

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

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Ant Financial buying MoneyGram; Will blockchain 'change the world'?

01/27/17

Chinese's largest online payments company to get a footprint in the U.S.; Believers in blockchain bemoan the lack of global cooperation.

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Why banks should consider taking a page from Facebook on security keys

01/26/17

Facebook now lets users log in using a physical token. If banks gave consumers this option, it would strengthen the security of online accounts — or at least bolster their image.

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Green Dot said to be in talks to buy Russell Simmons's UniRush

01/26/17

Prepaid-card provider Green Dot Corp. is in talks to buy UniRush, a smaller competitor co-founded by Russell Simmons, the music industry entrepreneur behind rap label Def Jam, according to people familiar with the matter.

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Midland States to buy Centrue Financial in Illinois

01/26/17

The merger will create a bank with more than $4 billion in assets.

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HopFed in Ky. accuses investor Stilwell of stonewalling

01/26/17

Independent members of HopFed Bancorp's board sent a letter to Joseph Stilwell complaining that their largest investor had rebuffed several efforts by CEO John Peck to schedule a meeting.

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Astoria finds its options are few (and unappealing) after deal tanks

01/26/17

The New York company may struggle with profitability as it decides whether to find a new buyer.

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Democrats are spoiling for a fight over the CFPB

01/26/17

Democrats and progressive groups have drawn a line in the sand over Consumer Financial Protection Bureau Director Richard Cordray, hoping to capitalize on the successful march on Washington this past weekend to rally support for him and his agency.

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