Bankruptcy Blogs

How open banking can transform the U.S. payments market

01/25/21

U.S. banks and payment companies are looking to Europe's example to see how open banking can push the market beyond its reliance on credit and debit cards.

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Small New Jersey bank eyes big expansion in wealth management

01/25/21

Flush with capital from issuing subordinated debt, Peapack-Gladstone is exploring acquisitions in Florida and New York in an effort to generate more fee revenue.

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White House elevates Todd Harper to NCUA chairman

01/25/21

Harper, a Democrat, had long been expected to be promoted to the chairmanship under a Biden administration, but he could face an uphill climb moving his priorities forward.

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It's not enough for banks to admit misconduct. They've got to prevent it.

01/25/21

At this point, 13 years on from the financial crisis, there are too many institutions copping to wrongdoing that risk managers could have — and should have — anticipated.

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Cardtronics agrees to $1.7 billion sale to NCR

01/25/21

Cardtronics will accept a $1.7 billion sale to NCR after the ATM producer outbid Apollo Global Management and Hudson Executive Capital.

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Biden OCC pick draws internal flak; Gorman tops Dimon in CEO pay

01/25/21

The expected nomination of Michael S. Barr has disappointed many progressives; the Morgan Stanley boss got a 22% raise to $33 million, while JPMorgan CEO held steady at $31.5 million.

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NCUA’s derivatives rule could be boon for large credit unions

01/25/21

Under a proposed rule change, credit unions would no longer need to seek pre-approval from the regulator before entering into interest rate swaps, speeding up transactions for some of the industry’s biggest institutions that already hold over 80% of total assets.

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What will drive bank M&A in 2021

01/24/21

Mergers and acquisitions were largely on ice in 2020, but banks' mounting need to control expenses and invest heavily in technology could spur a comeback this year.

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Chapter 7 Trustee Donald F King

01/24/21

Chapter 7 Trustee Donald F King Donald F King is one of the four Chapter 7 trustees in the Alexandria Virginia Bankruptcy court. When you file a bankruptcy case in Alexandria, the computer assigns you to one of the four trustees. Lawyers are appointed Chapter 7 trustees as a part-time assignment.  He’s a partner in […]

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We’re Zooming Virtual Bankruptcy Consultations

01/24/21

We’re Zooming Virtual Bankruptcy Consultations We’ve been Zooming–doing virtual bankruptcy consultations–since April 2020. We’ll continue through 2021. We stopped in-office consultations with the March 2020 pandemic lock down.  (I first heard of Zoom when my church started using it. We’re a small congregation and can see everybody on screen.)  Since April 2020 I’ve Zoomed bankruptcy […]

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