Bankruptcy Blogs

Key Republicans still undecided on Shelton's Fed nomination

02/25/20

Three key Republicans on the Senate Banking Committee said Monday that they remain undecided on President Donald Trump's nomination of Judy Shelton to the Federal Reserve Board.

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Changes at Mastercard; JPM gets on climate change bandwagon

02/25/20

Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.

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State privacy bills try to cut banks a break, but not completely

02/24/20

Recent proposals considered or passed by legislatures around the country grant banks certain exemptions, but they differ from state to state and may pose new compliance headaches.

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Delaware bank's tech overhaul shifts into higher gear

02/24/20

WSFS, in an effort to catch up with bigger rivals, plans to upgrade digital channels in three years instead of five.

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Intuit, Credit Karma chiefs contend merger is good for consumers

02/24/20

Observers speculate that Intuit simply wants to enhance revenue and protect its tax software business, but the CEOs of each company say the deal would also give consumers more control of their overall finances.

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Bad loan erases fourth-quarter profit at CrossFirst in Kansas

02/24/20

The company revised its results to a net loss of $700,000 after deciding to record a $16 million loan-loss provision for the commercial loan.

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With new digital bank, RBC joins crowded field

02/24/20

The Canadian banking giant has the resources and the tech know-how to build a digital-only bank in the U.S., but can it set itself apart from the likes of Capital One, Ally, Citizens Bank and Goldman Sachs?

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JPMorgan sees a mortgage revival after years of quiet losses

02/24/20

With interest rates and unemployment at rock-bottom lows and home values rising, the part of JPMorgan's retail business that sells home loans to consumers made money last month, marking the first profitable January in five years, according to people familiar with the matter.

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FHFA to take closer look at FHLB membership rules

02/24/20

The agency plans to conduct a review of how it regulates the 11 Federal Home Loan banks amid concerns that some companies are inappropriately seeking a back door into the Home Loan Bank System.

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4 ways a Credit Karma deal could pay off for Intuit

02/24/20

Intuit is reportedly buying Credit Karma for $7 billion. The move is seen as a way for Intuit to get access to more consumer behavior data, generate new sources of income and potentially protect a key business.

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