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

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How Aflac is preparing for next-generation consumers

There is an emotional and human aspect in all relationships and that holds true for the bond between individuals and brands. The COVID-19 pandemic has brought both the strengths and weaknesses in customer experience under the spotlight. This episode

Eastern District of Virginia Bankruptcy Court Finds Landlord’s Lender Has No Right to Enforce Landlord’s Lease with Bankrupt Retailer

OVERVIEW In a recent decision, In re Le Tote, Inc., No. 20-33332-KLP, 2020 Bankr. LEXIS 3044 (Bankr. E.D. Va. Oct. 30, 2020), the Bankruptcy Court for the Eastern District of Virginia held that a trust that holds a commercial mortgage backed

Funding for (7)a loan pools freezes, Moynihan urges stimulus, extending PPP facility: Top stories of the week

Program that lets firms bundle Small Business Administration loans on hold; BofA’s Brian Moynihan urges Congress to act on second federal stimulus; end date for the Paycheck Protection Program Loan Facility extended to March 31; and more from this

Florida's SunState FCU to rebrand following charter conversion

The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.

State Street to explore options for asset management arm

The Boston-based firm has been informally working with an adviser to review strategic alternatives for State Street Global Advisors, including a merger with a competitor, people familiar with the matter said.

Senate sends veto-proof AML reforms to White House

The defense spending bill includes language requiring businesses to report their owners to Fincen.

Fed's exam ratings system needs upgrade, Quarles says

The central bank is exploring how to improve the consistency and transparency of safety and soundness scores used to grade banks and their holding companies, the agency’s vice chairman of supervision said.

How an app is helping Eastern Bank bond with small businesses

The Boston community bank and a fintech called Monit have developed an app that helps small-business owners forecast their cash flow and how certain events could affect them.

Bankruptcy vs. Debt Settlement: Which One is Right for Me?

Bankruptcy vs. Debt Settlement: Which One is Right for Me? Our AZ Bankruptcy Attorneys Explain What Would Be the Best Option Between Debt Settlement and Bankruptcy By the time you are mired in debt and are dealing with non-stop calls and letters from

Bankruptcy vs. Debt Settlement: Which One is Right for Me?

Bankruptcy vs. Debt Settlement: Which One is Right for Me? Our AZ Bankruptcy Attorneys Explain What Would Be the Best Option Between Debt Settlement and Bankruptcy By the time you are mired in debt and are dealing with non-stop calls and letters from

Houston Police Credit Union CEO to retire after 30 years at the helm

Ayn Talley will step down in January, to be succeeded by the credit union's longtime executive vice president.

Joseph Safra, banker with $85 billion empire, dies at 82

His family got its start in banking by financing camel-caravan traders in the Ottoman Empire and eventually expanded its reach into the U.S., Europe and Latin America.

What Biden's pledge to forgive student loans means for consumer lenders

The president-elect’s plan to eliminate $10,000 of debt would help borrowers meet other loan obligations, reducing their risk of default. Yet the banking industry seems wary of the precedent it could set.

Commercial Rent Arrears, Recovery and Administration (UK)

In this article, Devinder Singh and James Morgan QC consider the status of notices served under the Commercial Rent Arrears Recovery scheme, in particular the timing, security and priority position of such notices. Given that landlords are not able

Clutch Ranks Bob Gold & Associates #4 in the Top Los Angeles Event Marketers Leaders Matrix

December 17, 2020 Clutch.co ranks the Top 12 Los Angeles Event Marketers, with Bob Gold & Associates holding the #4 spot, based on event planning & marketing expertise, clients & experience, market presence and professional reviews. Clutch.co now

The Unconvincing Case for a Public Credit Registry

Public provision—whether public options or public monopoly—has become all the rage in some progressive circles. I’d like to claim early mover status in this regard— back in 2009 I wrote a piece calling for public provision in payments, and in 2013 I

Biden win gives Maxine Waters a power boost

The head of the House Financial Services Committee is already exerting influence by handing the president-elect a laundry list of Trump regulatory policies that she wants the incoming administration to reverse.

Good Citizens Unite!

When I was in the fourth grade, our teacher Mrs. [1] Weiner, taught us to be “good citizens.” She did not teach us to be “patriots.” Good citizens: voted, didn’t litter, stay home when sick, didn’t violate the law, stayed informed, looked out for

Two cryptocurrency firms seek OCC approval to charter trust banks

BitPay and Paxos are only the latest digital currency companies to pursue a national charter from the Office of the Comptroller of the Currency.

Black-owned banks band together to finance pro sports facility

Their $35 million refinancing of the Atlanta Hawks’s training complex is being touted as the first time that a professional sports team has secured a loan underwritten exclusively by Black banks.