Bankruptcy Blogs

Richard Davis stepping down at U.S. Bancorp; Cecere named CEO

01/17/17

The Minneapolis company announced that Richard Davis will retire as CEO this spring. He will be succeeded by longtime deputy Andy Cecere.

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Hawthorn in Mo. faces call to split chairman, CEO roles

01/17/17

Ategra Community Financial Institution Fund believes the move would improve independent oversight of management.

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Breaking Banks: Self-driving cars at CES; blockchain; pot banking

01/17/17

Host Brett King chats with TheFinanser.Com's Chris Skinner and American Banker's Penny Crosman. Then, Brett reports from the floor of the Computer Electronics Show, where he spoke to Guy Kawasaki, a VC who drives a semi-autonomous Mercedes.

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Banks rejected by Supreme Court, lose bid to derail Libor suits

01/17/17

The U.S. Supreme Court turned away an appeal by Bank of America, Citigroup and JPMorgan Chase, refusing to stop antitrust lawsuits that accuse some of the world’s largest banks of conspiring to rig Libor.

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Bank of the Ozarks strengthens margins after M&A deals

01/17/17

Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions.

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Expense cuts, rate hike boost Comerica's 4Q profit

01/17/17

Improved credit quality also helped compensate for flat loan growth at the Dallas bank.

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Bancorp New Jersey bounces director after loan default

01/17/17

The company sued the former director over the debt, which disqualified him from board service.

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Connecticut group applies to form uninsured bank

01/17/17

TNB Corp., which plans to offer deposits to institutional investors, would not have branches or retail deposits.

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Synovus profit surges on 8% rise in revenue

01/17/17

The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking.

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Why #BankBlack Is Working

01/17/17

The author responds to critics who say the national movement to move money from big banks to black-owned institutions may not be fueling many loans to minorities and residents of low- to moderate-income communities.

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