Banking Law Update

A blog from the attorneys of Verrill

Search Blog

Financial Institutions . . . In the News

  • Michael Griffin, Executive Director of JP Morgan Chase & Co., leads a new commercial banking industry in Portland. (Mainebiz 10.26.2018)
  • Maine Harvest Credit Project becomes Maine’s 56th credit union and first exclusively for farmers and food producers. (Mainebiz 10.16.2018)
  • Maine home foreclosures continue to decline. (BDN 10.11.2018)
  • Curtis Simard, President and CEO of Bar Harbor Bankshares, announces plans are being made for a Portland Commercial Loan Office. (Mainebiz 10.5.2018)
  • Andrew Silsby, President and CEO of Kennebec Savings Bank, discusses banking in today’s market and preparing for the future. (Central Maine 10.14.2018)
  • Wells Fargo customer avoided being scammed by calling the number on the back of his card to verify the fraud. (News Center Maine 9.28.2018)
  • Mortgage applications increase as the rates also increase to a new high since April 2011. (Press Herald 9.27.2018)
  • Wells Fargo & Co. Chief Executive Tim Sloan announces a 10% reduction in workforce in the next three years. (Press Herald 9.20.2018)
  • A data breach in 2017 in the UK resulted in a fine of £500,000, or about $662,000 to Equifax (UK branch). (The Hill 9.20.2018)
  • With the restrictions of the Dodd-Frank Wall Street Reforms being eased, banks and credit unions are picking up arguing over old disagreements. (The Hill 9.12.2018)
  • Cloned ATM cards could be used in ATM cybercrime threat. (News Center Maine 8.16.2018)
Topics: Current Events in Banking