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Tag Archives: Banking

Commercial lending work: cyclical but steady

Scott Foley of Shapiro Sher Guinot & Sandler says he’s seeing a ‘gradual uptick’ in new loans generated. (The Daily Record/Maximilian Franz)

Law firms with banking practices have seen a gradual increase in loan transaction work and a decrease in loan workouts as the economy has improved over the last few years, commercial lending attorneys said.

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Mobile banking a must for financial institutions

For financial institutions worried about competing for customers these days, offering the latest technological bells and whistles isn’t optional. Make them available or potentially seek another line of enterprise.

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Feds: Bullying, lying debt collectors an epidemic

The country is facing an epidemic of unscrupulous debt collectors willing to pose as law enforcement and threaten arrest to squeeze dollars out of Americans, a top prosecutor said Tuesday as he announced the arrests of seven people who worked for an Atlanta-area company.

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Global banks fined billions for market rigging

Traders with nicknames like the “Three Musketeers” and the “A-Team” plotted over Internet chat rooms to manipulate currency markets for years, profiting at the expense of clients — and then congratulating themselves for their brilliance — regulators said Wednesday, as they fined five banks $3.4 billion.

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