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

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Prognosis for Distressed Healthcare Companies

M&A Advisor Virtual Summit Series 2020 Gordian Group’s Peter Kaufman participated in The M&A Advisor 2020 Virtual Summits Distressed Investing Series. Panel: Prognosis for Distressed Healthcare Companies This recorded interactive session entitled

BofA backs Cornell entrepreneurship program for women of color

Bank of America will help Cornell University expand an online training course aimed primarily at Black and Hispanic women who want to start their own companies, as part of the bank's $1 billion racial justice commitment.

Our Blog Has Moved

The Robins Kaplan blog has moved. Please visit us at https://www.robinskaplan.com/ to find our current and past blog posts. You can also subscribe to one of our quarterly newsletters for additional updates from the firm. Subscribe here: https://www

Olean Area FCU makes interim CEO permanent

Richard Yeager's promotion comes at a time of growth for the New York-based institution, including having recently been granted a field-of-membership expansion.

Proposed digital bank to target Gen X customers

American Challenger Bank would offer consumer and commercial products using technology from Temenos. Organizers recently applied with the FDIC for deposit insurance.

Park National gets $20 million after resolving issue from 2007 acquisition

The Ohio company will benefit after settling unpaid judgments tied to nonperforming loans at a bank it bought before the last financial crisis.

Bankruptcy’s Uniformity Requirement & Federal Arbitration Act (Nelson v. Carland)

By: Donald L Swanson The U.S. Constitution requires that bankruptcy laws be “uniform . . . throughout the United States.” Among such uniformity requirements is this: rulings on core bankruptcy issues must be subject to meaningful appellate review—all

Why is it so hard for a fintech to become a bank?

The success of some fintechs in getting bank charters this year only underscores how onerous the process remains for many others. That’s unlikely to change unless policymakers reconsider what it means to be a bank.

Is GSE reform dead on arrival under Biden?

The Trump administration has moved forward on a plan to privatize Fannie Mae and Freddie Mac, but Joe Biden appointees could take steps to slow or stop their release from conservatorship.

Federal Trade Commission files complaint against Beam Financial

The complaint charges the fintech startup with misleading customers about the interest they'd receive on deposits and the level of access to their money. It seeks an unspecified amount of consumer relief in addition to other remedies.

FHFA issues capital rule, previews next steps on plan to release GSEs

The new capital framework for Fannie Mae and Freddie Mac is a prelude to letting the mortgage giants potentially retain all their earnings. But efforts to privatize the companies could face pushback from the Biden administration.

How to Help Aging Parents with Financial Problems with Carla Handy

Are you concerned about your aging or elderly parents’ financial wellbeing? Seniors are one of the fastest-growing group of Americans who file bankruptcy. Factors include rising healthcare costs, predatory loans, and high-interest credit card debt

Challenger bank Bella to promote pay-it-forward mentality

The startup, created in partnership with conversational AI platform LivePerson, will encourage users to send sums of money to strangers.

Banks, credit unions slip in customer satisfaction survey

The latest report from the American Customer Satisfaction Index reported lower scores for both industries, with credit unions recording their lowest ranking since 2011.

Dimon calls lawmakers ‘childish’ for failing to pass second stimulus

JPMorgan Chase CEO Jamie Dimon says the partisan bickering over coronavirus relief aid is harming households and businesses and jeopardizing the chances of an economic recovery.

How First Citizens-CIT deal finally got done

CIT Group over a year's time brushed off several offers from First Citizens BancShares, entertained rival bids and kept negotiating on price and board representation before striking a deal, according to a new regulatory filing.

Moven and Q2 partner to help small banks compete with challengers

The two companies have worked together to provide a banking app that community banks can implement and deploy in 30 days.

Financial Center First splits president and CEO roles

Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1.

Google Pay overhaul adds in-app banking with Citi, Stanford FCU and others

Google has redesigned Google Pay to add new financial management and loyalty features; and to offer consumers checking and savings accounts from partner banks and credit unions in 2021.

Social Media Strategy 101: A B2B Guide to Maximizing Engagement

With an estimated 3.6 billion people using social media in 2020 , it’s critical that business es and brand s are familiar with social media posting basics . But , as you’ve already discovered, t he best practices of social media pos t ing are a