News

Today's News

March 1, 2021 - 100 new headlines

New clergy sex abuse claims against archdiocese pour in as filing deadline arrives - WWLTV.com

03/01/2021 New clergy sex abuse claims against archdiocese pour in as filing deadline arrives  WWLTV.com [more]
Tags: Cases of Interest, News

Calendar of events for March 2-4 | Local News | fremonttribune.com - Fremont Tribune

03/01/2021 Calendar of events for March 2-4 | Local News | fremonttribune.com  Fremont Tribune [more]
Tags: Liquidation, News

DBEDT NEWS RELEASE: HAWAI'I'S ECONOMY PROJECTED TO GROW 2.7 PERCENT IN 2021 - David Y. Ige | Newsroom

03/01/2021 DBEDT NEWS RELEASE: HAWAI'I'S ECONOMY PROJECTED TO GROW 2.7 PERCENT IN 2021  David Y. Ige | Newsroom [more]
Tags: Filings, News

Fitch Downgrades Four Classes of SGCMS 2016-C5; Revises Outlooks on Five Classes to Negative - Fitch Ratings

03/01/2021 Fitch Downgrades Four Classes of SGCMS 2016-C5; Revises Outlooks on Five Classes to Negative  Fitch Ratings [more]
Tags: Liquidation, News

Bay Area cookie staple Specialty's is back in business after 2020's massive closure - San Francisco Chronicle

03/01/2021 Bay Area cookie staple Specialty's is back in business after 2020's massive closure  San Francisco Chronicle [more]
Tags: Liquidation, News

Policyholder wins in case over insurability of 'ill-gotten gains' - Business Insurance

03/01/2021 Policyholder wins in case over insurability of 'ill-gotten gains'  Business Insurance [more]
Tags: Lawsuits, News

Texas AG Ken Paxton sues Griddy over exorbitant bills - The Texas Tribune

03/01/2021 Texas AG Ken Paxton sues Griddy over exorbitant bills  The Texas Tribune [more]
Tags: Filings, News

Wasabi Wallet and Bull Bitcoin Donate $40K in Crypto to Bitcoin Knot Development - Yahoo Finance

03/01/2021 Wasabi Wallet and Bull Bitcoin Donate $40K in Crypto to Bitcoin Knot Development  Yahoo Finance [more]
Tags: Liquidation, News

Popular Bay Area summer camp files for bankruptcy, closes permanently - SF Gate

03/01/2021 Popular Bay Area summer camp files for bankruptcy, closes permanently  SF Gate [more]
Tags: Filings, News

Washoe County Community Development Public Workshop (via Zoom) on March 10, 2021 from 5:30 to 7:00 pm - Washoe County

03/01/2021 Washoe County Community Development Public Workshop (via Zoom) on March 10, 2021 from 5:30 to 7:00 pm  Washoe County [more]
Tags: Liquidation, News

Blogs

First International in North Dakota buys mortgage lender

03/01/2021 The bank's purchase of Sodak Home Loans in Sioux Falls, S.D., adds to a string of bank deals for mortgage lenders this year. [more]
Tags: Bankruptcy Blogs, BankThink, Growth strategies, M&A, mortgages

COVID recovery top of mind as credit unions’ premier event kicks off

03/01/2021 The pandemic is likely to dominate the discussion during CUNA’s online Governmental Affairs Conference, but perennial issues such as the industry’s tax exemption will also be spotlighted. [more]
Tags: Bankruptcy Blogs, BankThink, Credit unions, CUNA, Law and regulation, Tax exemptions

New indictments issued in case of failed Chicago bank

03/01/2021 Four former employees and several clients of Washington Federal Bank for Savings face charges of falsifying records to conceal the embezzlement of $31 million prior to the bank's December 2017 collapse. [more]
Tags: Bankruptcy Blogs, BankThink, Failures, fraud, litigation

Looming risk for borrowers, renters when relief ends, CFPB says

03/01/2021 In an analysis of the pandemic's impact on the housing market, the agency said nearly 10% of households could be at risk of eviction or foreclosure despite government programs to enable homeowners to delay their payments. [more]
Tags: Bankruptcy Blogs, BankThink, Biden Administration, CFPB, Coronavirus, Housing, mortgages

Dimon sees ‘carrots and sticks’ approach to COVID vaccines

03/01/2021 While JPMorgan Chase’s chief executive would like the bank’s employees to get the COVID-19 vaccine, he said it’s unlikely to require the shots at least for now. [more]
Tags: Bankruptcy Blogs, BankThink, Coronavirus, JPMorgan Chase, Workforce management

Microsoft wants bigger piece of cloud banking market

03/01/2021 The company is emphasizing the software interoperability of the service it's launching that caters to banks, which are making huge investments in cloud computing. It will face off against big-tech rivals in the market like IBM, which touts the security and compliance features of its year-old [more]
Tags: Bankruptcy Blogs, BankThink, Cloud Computing, Core systems, IBM, Microsoft

Bottlenecks at SBA holding up loan approvals

03/01/2021 Turnaround times on loans in the 504 program are stretching out for weeks as the Small Business Administration grapples with a spike in applications and responsibilities tied to the Paycheck Protection Program. [more]
Tags: Bankruptcy Blogs, BankThink, Commercial real estate lending, SBA, Small business lending

What Goldman hires mean for Walmart's payments, banking ambitions

03/01/2021 In adding Goldman Sachs veterans Omer Ismail and David Stark, the retail giant can enhance products such as Walmart Pay, Walmart+ and its fintech pact with Ribbit Capital. [more]
Tags: Bankruptcy Blogs, BankThink, credit cards, Fintech, Walmart

Pen Air's new CEO no stranger to the corner office

03/01/2021 The Pensacola, Fla.-based credit union's newest chief executive has helmed two other CUs over the course of more than two decades in the industry. [more]
Tags: Bankruptcy Blogs, BankThink, Credit unions, florida, Hiring, Succession planning

On Fraser’s first day as Citi CEO, a net-zero emissions pledge

03/01/2021 Citigroup is one of the world's largest lenders to the fossil fuel industry, but CEO Jane Fraser vowed on Monday that the bank would achieve net-zero greenhouse-gas emissions in its financing activities by 2050. [more]
Tags: Bankruptcy Blogs, BankThink, Citigroup, climate change, Commercial lending, Jane Fraser, Women in Banking