Bankruptcy Blogs

CFPB sues student loan giant Navient

01/18/17

Navient Corp. was sued by a U.S. regulator over allegations that the student loan giant "systematically" cheated borrowers.

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Will Trump give banks a break on BSA? Don't bet on it

01/18/17

While the Trump administration could relax other bank regulations, it is unlikely that it would ease up when it comes to money-laundering compliance.

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Reinventing a 32-year-old multi-account card for the EMV era

01/18/17

Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.

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Renasant to buy Metropolitan BancGroup in Mississippi

01/18/17

The $190 million deal would push Renasant above the $10 billion-asset regulatory threshold.

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Credit Unions with the Most Assets

01/18/17

On Sept. 30, 2016. Dollars in thousands.

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A wish list for Trump's SBA

01/18/17

President Trump has nominated Linda McMahon, a co-founder of the World Wrestling Federation, to run the Small Business Administration for the next four years. If confirmed, McMahon, a Republican, will inherit an agency that has supported record loan volume lately, but that many bankers still view as too bureaucratic and inefficient. We asked bankers and small-business advocates what is working well at the SBA, what they would like to see improved, and what else the Trump administration could do to stimulate small-business growth. Here's what they had to say.

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Energy’s rebound bolsters Hancock’s 4Q profit

01/18/17

An improving picture in the energy sector helped Hancock Holding in Gulfport, Miss., report a huge jump in fourth-quarter profit.

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Evans in N.Y. looks to raise $14M in public offering

01/18/17

The company has been producing solid loan growth in recent quarters.�@9@e

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JPMorgan says it has settled U.S. bias suit over mortgages

01/18/17

JPMorgan Chase & Co. agreed to pay $55 million to settle U.S. allegations of racial discrimination in home loans through mortgage brokers, leading black and Hispanic borrowers to pay higher interest rates and fees from 2006 to 2009, a person familiar with the matter said.

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