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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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Client Feedback regarding services provided by Shenwick & Associates in a Chapter 7 Bankruptcy Filing March 19, 2021

" Thank you so much. What a journey. It was a pleasure to have you as my attorney!! Thank you thank you thank you. Best, Susan"

AI-enabled data science platform for finance (video)

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How banks can ace next round of virtual annual meetings

Online and hybrid gatherings last year left shareholders demanding that companies make it easier to join the meetings, ask questions and vote this time around.]]

Ex-Fed employee admits to stealing bank stress-test data

A former Federal Reserve employee admitted to illegally taking documents, including bank stress test data, after deciding to leave the board, U.S. prosecutors said Friday.]]

Merchants respond to DOJ probe of Visa debit card practices

The Justice Department has already successfully intervened to break up Visa's deal to buy Plaid. Merchants welcome reports that it is looking at Visa's routing practices.]]

JPMorgan Chase marketing chief Leslie Gillin said to depart

Gillin joined JPMorgan four years ago to lead the bank’s co-brand credit card business. She was chief marketing officer for about a year. ]]

How aviation lending took this Midwestern bank to Ireland

UMB Financial’s success in aviation financing has boosted fee income, and the Missouri company has opened an office in Dublin — a hub for airplane sales and leases that could get busier as the airline industry restructures.]]

Credit union groups decry racism toward Asian Americans

Several organizations serving the industry are speaking out following a series of murders in Atlanta.]]

Here's the pep talk branch workers need

Front-line employees yearn to be told they still have a critical role to play, as more customers are seeking in-person help amid the pandemic. ]]

RockPoint Bank cleared to open in Tennessee

The de novo, which raised $33 million in initial capital, will become the state's third new bank since the 2008 financial crisis.]]

Banking regulators will let temporary capital relief expire as scheduled

The decision is seen as a setback for the banking industry, which had been pushing for an extension, and a win for Democrats, who have argued that a pandemic is no time for banks to be shedding capital. ]]

Vizo Financial CEO to step down this summer

Jay Murray has spent 30 years with the corporate credit union but plans to leave in June to spend more time with family.]]

Credit outlook brightens, but recovery hinges on vaccinations: ABA

Bank economists predict further improvement in the quality and availability of consumer and business credit now that a third stimulus package has been approved. Still, COVID-19 vaccine distribution will determine how quickly the U.S. economy rebounds

Goldman eyes JetBlue card portfolio; Powell calls for faster money transfers

Barclays’ deal with the airline still has three years to run; the Fed chief said the pandemic has exposed the need for speedier cross-border money transfers.]]

W.D.N.C.: Manos v. Freedom Mortgage- Credit Reporting of Late Mortgage Payment

Summary: The online payment website for Freedom Mortgage will not accept payments made after 11:00 p.m., in order to allow its cash department to process payments received that day. If a borrower attempts to pay after 11:00 p.m., an error … W.D.N.C

Bankr. W.D.N.C.: Hock v. USED- No Undue Hardship Discharge

Summary: Lynn Hock is a 72-year old attorney with an advanced tax degree. Her husband is a disabled veteran. Their total household income, derived from Social Security, Veteran’s disability, and retirement, is nearly $7,000 a month, but under the

Senate Banking panel draws partisan lines on regulators' climate role

Democrats want regulators to actively protect the financial system from losses tied to extreme weather events, while Republicans say climate policy is "beyond the scope" of their mission.]]

NCUA readies $369M payout tied to corporate credit union failures

About 2,000 credit unions will receive a disbursement in connection with the failure of three corporates during the financial crisis, but the agency indicated nearly $2 billion in additional payments could be coming.]]

Is It Better to File for Bankruptcy or Pay Off Debt in Pennsylvania?

Bankruptcy is not a word many people in Pennsylvania like to think about. To most individuals, the idea of filing for bankruptcy is a nightmare and an embarrassment. There are other ways of dealing with debt, including negotiating with a creditor

Bipartisan group reintroduces landmark pot banking bill

The legislation easily passed the House in 2019 but was never considered in the Senate. Observers see a more promising path forward this time. ]]