WASHINGTON-In its analysis of NCUA's new rules for corporates, CUNA said it is most concerned with the costs of dealing with so-called "legacy assets" and the resulting impact on credit unions, according to Mary Dunn, head of regulatory compliance. "There is a lot of concern that in 2011 and 2012 there is potential for somewhat higher assessments for the stabilization fund. It is an issue we will be monitoring," she said.
A portfolio review initiated by BCB Bancorp's new CEO, Tom O'Brien, led to a spike in nonaccrual loans at the Bayonne, New Jersey-based bank.
RIA owners may feel a "moral dilemma" when considering selling their firms to private equity-backed acquirers. But that didn't prevent PE involvement from reaching a record high in M&A deals in the second quarter.
The deal bolsters Zions' ability to serve multifamily customers and creates a natural extension of its affordable housing lending program, management said.
The card network is buying behavioral fraud detection already running at three of the four largest U.S. banks, including Wells Fargo.
Trust protectors can help protect against irresponsible trustees and other dicey situations that could put grantors' wishes at risk, estate lawyers say.
In a webinar last week, Humanity Labs CEO Andrei Pop discussed "the transformative power" he said Mariner's new AI workforce will bring to the firm.
