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NCUA spruced up its website Monday with a slate of new features and a mobile-friendly redesign.
November 2 -
Bank of America has agreed to pay $335 million to settle a lawsuit claiming it misled shareholders about risky mortgages and its dependence on the electronic mortgage registry known as MERS.
November 2 -
Virun Rampersad, the guy in charge of global innovation for the 230-year-old BNY Mellon, is more banker than technologist, and it shows in his strategy. His job is to create a culture that'll keep this banking behemoth relevant for centuries to come.
November 2 -
A breakdown of M&A announcements in the financial services industry for the week ended October 31.
November 2 -
Atlantic Capital Bancshares in Atlanta sold $25 million in capital to help fund its purchase of First Security Group in Chattanooga, Tenn.
November 2 -
Investors Bancorp in Short Hills, N.J., posted higher profit in the third quarter, with strong interest income growth offsetting higher employee-related costs.
November 2 -
Charlie Shrem wouldn't let prison stop him from chatting with his online fans. Even after becoming the first person ever convicted of a Bitcoin-related crime, Shrem continues to cultivate a following among Bitcoin loyalists, some of whom paint him as a sort of martyr for the digital currency.
November 2 -
A U.S. district courts efforts to fight foreclosures in Rhode Island by requiring loan modification talks in pending foreclosure cases has led to mixed results, according to Deputy Special Master Barbara Hurst.
November 2 -
Banks undergoing annual Federal Reserve assessments should feel emboldened to challenge "matters requiring attention," and the Fed should hear them out.
November 2
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The company recently created a collateralized-debt obligation backed by bank debt, bringing to mind the types of structured investments that plagued smaller banks a few years ago. This time, StoneCastle will hold all the credit risk, instead of selling it off to banks. The CDOs are backed by relatively straightforward sub debt rather than hybrid securities.
November 2



