Banking Law Update

A blog from the attorneys of Verrill

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Financial Institutions . . . In the News

  • The second annual financial “stress test” of Fannie Mae and Freddie Mac show improvement. (PPH 5.1.2015)
  • Wells Fargo’s stand-alone division focusing on commercial banking in New England. (Boston Business Journal (5.4.2015)
  • Maine mortgage foreclosures are down due to the Greenleaf case ruling by the Maine Supreme Judicial Court. (BDN 5.6.2015)
  • Four branches of Camden National to close from the acquisition of the Bank of Maine. (BDN 5.15.2015)
  • US Department of Justiceand four Swiss banks reach a deal to turn over US tax evaders. (Maine Mirror 5.29.2015)
  • $3 million reinvested in Cariboufrom Maine State Retirement System surplus. (BDN 5.30.2015)
Topics: Current Events in Banking