Bankruptcy Blogs

Ex-Bank of America employees allege ‘extreme pressure' to sell credit cards

08/27/20

Even as the bank’s sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several former employees.

[more]

How to make your AI dreams a reality

08/27/20

One banks journey of taking an AI idea from inception to experience. How organizations can ensure the shift from pilot projects to full-scale AI fluency goes right

[more]

Banks in Hurricane Laura's path hopeful their markets were spared worst

08/27/20

Branches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.

[more]

Fintech veterans launch blank-check firm to buy a startup

08/27/20

Betsy Cohen, formerly of The Bancorp Bank, and venture capitalist Ryan Gilbert have created a vehicle to raise hundreds of millions of dollars, purchase a technology company and expand it.

[more]

Larger credit unions dominated PPP lending

08/27/20

New analysis from S&P shows only two of the top 20 credit unions that made Paycheck Protection Program loans have assets under $1 billion.

[more]

Sharp divide between large and small credit unions in PPP lending

08/27/20

New analysis from S&P found that only two of the of the top 20 credit unions that participated in the Paycheck Protection Program loans had assets of less than $1 billion.

[more]

Divisions in mortgage industry emerge ahead of 2020 election

08/27/20

Political donations from the sector and interviews with industry experts highlight a wide range of views on affordable housing resources, the appropriate level of regulatory relief and how policymakers should enforce fair housing rules.

[more]

TD, CIBC beat expectations with surge in capital markets

08/27/20

Record profits from trading and other capital markets activities helped to offset steep revenue declines in personal and business banking.

[more]

How NCUA is working to protect credit union members

08/27/20

A commitment to consumer financial protection "goes hand-in-hand" with the regulator's safety and soundness mission.

[more]

Agencies extend freeze on foreclosures and evictions to end of year

08/27/20

Both the Federal Housing Finance Agency and Federal Housing Administration are extending relief for homeowners and renters due to the pandemic crisis.

[more]