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Ex-Banker Claims Last Laugh with Deal to Sell Nonbank Lender

By kckazOctober 9, 2016UncategorizedClaims, Deal, ExBanker, Last, Laugh, Lender, Nonbank, Sell

Thomas Depping, who quit banking out of frustration with regulators five years ago, says Warburg Pincus’ deep pockets will help him make Ascentium Capital a household name among small-business borrowers. American Banker

Consumer Complaints Rose 8% Last Year: CFPB

Debt collection, credit reporting and mortgages topped the list of complaints to the Consumer Financial Protection Bureau last year, while complaints about prepaid cards and consumers loans soared, the agency said Friday. American Banker

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Ex-Banker Claims Last Laugh with Deal to Sell Nonbank Lender

Consumer Complaints Rose 8% Last Year: CFPB