ABI Blog Exchange

State Employees’ Credit Union adds chief culture officer

A big bank is in trouble, and no one knows which one or why

Arizona Federal Credit Union is buying its second bank

CEO of nonbank lender arrested for PPP-related fraud

Subprime lender OppFi sues to continue making loans in California

Cherokee Strip Credit Union in Oklahoma names new CEO

JPMorgan says it’s actively unwinding its Russia business

Trustee Who Sought Turnover of Contract Receivable Bound by Arbitration Clause

A trustee who sought "turnover" of amounts owed under a construction contract had an arbitration clause in that contract enforced against him. The Bankruptcy Court found that the bankruptcy exception to enforcement of an arbitration clause was narrow

BOK Financial warns of $50 million securities loss tied to inflation, war

Jamaica offers free money to digital currency’s first adopters

Bank of America’s Moynihan sees strong demand for green debt

Why PNC plugged into an early wage access marketplace

Raskin’s nomination takes a hit as Manchin backs separate Fed votes

Black banks team up on $25 million loan to Major League Soccer

Goldman Sachs to exit Russia in Wall Street’s first pullout

BNY Mellon picks next CEO as Todd Gibbons retires

When “Unimpaired” =/= Pay In Full (In re Hertz)

By Donald L. Swanson Claims are “impaired,” unless the plan “leaves” their rights “unaltered.” § 1124(1). This rule is not as simple and unequivocal as it seems, according to an In re Hertz opinion. [Fn. 1] Here’s why. Plan Treatment of Unsecured

How eight banks are weighing the fallout from the Ukraine war

Heartland USA chairman turns against management over charter plan

League of Southeastern Credit Unions and Affiliates names new president