Today's News

May 28, 2017 - 4 new headlines

Why two attorneys are appealing San Bernardino's bankruptcy decision - San Bernardino County Sun

05/28/2017 Why two attorneys are appealing San Bernardino's bankruptcy decisionSan Bernardino County SunSAN BERNARDINO >> Almost five months after a U.S. Bankruptcy Court judge confirmed the city's bankruptcy exit plan, San Bernardino has settled all but two of the cases appealing that decision. [more]
Tags: Cases of Interest, News

Recent bankruptcy filings in Minneapolis and St. Paul - Minneapolis Star Tribune

05/28/2017 Recent bankruptcy filings in Minneapolis and St. PaulMinneapolis Star TribuneStinar HG Inc., doing business as Stinar Corp., 3255 Sibley Memorial Highway, Eagan; filed May 22, 17-31670; Chap. 11; assets, $8,223,689; liabilities, $2,917,246. Robert C. Harvey, CEO and president, Robert Gregor, vice [more]
Tags: Filings, News

How Banks Have Escaped the Worst of the Retailing Meltdown - Fox Business

05/28/2017 How Banks Have Escaped the Worst of the Retailing MeltdownFox BusinessThis year, a far different story is playing out for banks as the U.S. retailing industry endures a major shake-up that has led to a spike in bankruptcy filings. Changing shopper habits and the increasing dominance of [more]
Tags: Filings, News

Toggle navigation Menu - LancasterOnline

05/28/2017 LancasterOnlineToggle navigation MenuLancasterOnlineHere is a list of Lancaster County bankruptcies recorded in U.S. Bankruptcy Court, Eastern District of Pennsylvania, Reading, May 16-22. Juan Jose Henriquez Diaz, 400 block of Winthrop Drive. Chapter 7. Thomas Michael Powley, first block of Solar [more]
Tags: Liquidation, News


Fayette County Bank becomes year's sixth failure

05/26/2017 The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January. [more]
Tags: BankThink, blog, Community banking, Failures, FDIC, Illinois, M&A

Conditions chilly at home, Canadian banks seek U.S. expansion

05/26/2017 Canada's big banks are pursuing wholesale banking, capital markets and select M&A opportunities across the border to hedge against a slowing mortgage market and other economic concerns on the home front. [more]
Tags: Bank of Montreal, BankThink, blog, Canada, Capital markets, Commercial banking, International business, M&A, Non-interest income, RBC, TD Bank

Breaking Banks: AI, fintech and regtech

05/26/2017 Jo Ann Barefoot, a former deputy comptroller of the currency, discusses her regtech startup Hummingbird. [more]
Tags: AML, Artificial intelligence, Bank technology, BankThink, blog, Regtech

Bankers would envy proposed appeals process for credit unions

05/26/2017 The NCUA aims to give credit unions access to in-person hearings with its governing board. Such an opportunity is lacking at federal bank regulators. [more]
Tags: BankThink, blog, Capital, Community banking, FDIC, Federal Reserve, M&A, NCUA, OCC

Small banks get a vehicle for regulatory relief in the Senate

05/26/2017 A bipartisan group of senators want more community banks to get relief from Dodd-Frank capital requirements. [more]
Tags: BankThink, blog, Dodd-Frank, Federal Reserve, Orrin Hatch, Regulatory relief

Taking Online Dispute Resolution To The Next Level

05/26/2017 Yesterday I purchased a travel alarm clock through Amazon. This morning, the manufacturer emailed me with instructions for its use, including a very important point about switching the travel lock button off to activate the clock. The clock apparently arrives in the locked condition, which has [more]
Tags: blog, CreditSlips

Peapack-Gladstone to buy asset manager in its backyard

05/26/2017 Murphy Capital Management in Gladstone, N.J., focuses on high-net-worth individuals, businesses and nonprofits. [more]
Tags: Asset managers, BankThink, blog, Community banking, M&A, new jersey

People still don’t get community banks. Let’s help them understand

05/26/2017 Bankers have conversations daily with clients, public officials and friends who don’t necessarily see the benefits that banking locally provides. [more]
Tags: BankThink, blog, Community banking, Digital banking, Retail industry

7 ways top women execs persist and prosper in a challenging market

05/26/2017 From better understanding consumer priorities to expertly managing career advancement, here's a look at key success strategies that female financial services executives shared at the Most Powerful Women in Banking LEAD Conference. [more]
Tags: BankThink, blog, Career moves, Compensation, Originations, Recruiting, social media, TIAA-CREF, Training, Women in Banking

CFPB seen as likely to win constitutional case

05/26/2017 A federal appeals court appears to be leaning toward a ruling in favor of the CFPB in a case about its single-director structure. [more]
Tags: BankThink, blog, CFPB, Donald Trump, Lawsuits, Richard Cordray