Association of Corporate Counsel’s Post

I am looking forward to sharing Coface Insights on some key risks observed across the Retail and Construction sectors.

Klaros Group co-founder and partner Brian Graham quoted in American Banker on the FDIC's proposed statement of policy on bank merger transactions. "When combined with the acting comptroller's speech on M&A, this FDIC action underscores a more open outlook to bank M&A involving banks with less than $50B in assets — which desperately need to get bigger to be able to shoulder the added regulatory costs and burdens even smaller banks are facing." https://lnkd.in/eCtTkFqS

In recent years, regulatory changes and tightening capital requirements in the banking sector have prompted Borrowers to consider a variety of private financing options. Gilles Dellaert from Blackstone highlights the significant shift in private credit, underlining its ongoing momentum and the key growth drivers influencing this transformation. He points to a very large opportunity for Borrowers and businesses across multiple collateral types. Portside is uniquely positioned to take advantage of this trend, offering Borrowers flexible terms, quick access to capital and specialised expertise. Find out more below or reach out to the Portside team to explore your business ventures. #privatecredit #portsidecredit #blackstone James Morrison Marisa Leone Lisa Penton Katrina Calder

COMMERCIAL FINANCE NEWS. ALERT:  The Real Deal looks at what JPMorgan’s takeover of First Republic Bank means for the real estate industry. ULI predicts a slowdown until 2025. These are among today’s must reads from arou...

At Bloomberg’s Global Credit Forum, Ares CEO Michael Arougheti spoke with Dani Burger about the evolution of private credit and the structural changes and consolidations in other markets that have paved the way for its current and future growth. More from Mike’s conversation below. #privatecredit 

ALARMING, SHAMEFUL, AND DANGEROUS BRANDS NOT TO SUPPORT: Tell Bank of America, Goldman Sachs, and JP Morgan Chase to reject Project 2025 and cut ties with the Heritage Foundation now. TAKE THIS IMPORTANT ACTION, AND VOTE WITH YOUR WALLET! By aligning themselves with Trump’s Project 2025, these powerful Wall Street banks are complicit in endorsing an agenda that stands in stark contrast to the principles of human rights and ethical business practices. SHARE VERY, VERY WIDELY! https://lnkd.in/gGVJnJKz

ALARMING, SHAMEFUL, AND DANGEROUS BRANDS NOT TO SUPPORT: Tell Bank of America, Goldman Sachs, and JP Morgan Chase to reject Project 2025 and cut ties with the Heritage Foundation now. TAKE THIS IMPORTANT ACTION, AND VOTE WITH YOUR WALLET! By aligning themselves with Trump’s Project 2025, these powerful Wall Street banks are complicit in endorsing an agenda that stands in stark contrast to the principles of human rights and ethical business practices. SHARE VERY, VERY WIDELY! https://lnkd.in/gGVJnJKz

#WellsFargoUpdate #CharlieScharf #FederalReserveRegulations #BankingIndustry #AssetCapImplications #bloomberg (source) Wells Fargo CEO Discusses Future Impact of Fed's Asset Cap 🍥 CEO Charlie Scharf's Insight: Wells Fargo's Chief Executive Officer, Charlie Scharf, has provided insights regarding the Federal Reserve's asset cap and its influence on the bank. 🍥 Current Minimal Impact: Scharf notes that, as of now, the Federal Reserve's imposed asset cap isn't significantly limiting Wells Fargo's banking activities. 🍥 Future Concerns: However, he anticipates that this regulatory measure could pose more substantial constraints on the bank's operations in the upcoming period. 🍥 Regulatory Environment: This statement sheds light on the evolving regulatory landscape in the banking industry and its potential effects on major banks like Wells Fargo. Keep abreast of how regulatory changes impact major financial institutions. Follow for continuous coverage and expert analysis on the banking sector.

If there is a need for additional capital as a result of a trigger event, there are a few items that need to be in order prior to any route outside of retained earnings. If subordinated debt, a capital raise, or a combination of the two is needed, your corporate documents will need to be up-to-date likely requiring a legal review and possible revisions as a part of the process. Being as familiar as you can with your corporate documents along with having updated and current shareholder contact information is a great practice to follow, at least annually. Build the practice of that into your Capital Plan document. Not only is it good practice, but it demonstrates to the regulators that the work is being undertaken to keep the bank's options in the best shape possible. #bankingindustry #bank #bankceo #strategicoptionsbanks

💡 Revenue Radar offers important revenue-related takeaways about market-moving companies in a discrete and digestible format. 🏦 In this edition, we highlight three banks that report earnings on Friday, July 12: J.P. Morgan, Wells Fargo, and Bank of New York Mellon. #RevenueRadar #JPM #WellsFargo #BNYMellon #QuarterlyResults #BusinessIntelligence #EarningsReporting