Bankruptcy Blogs

Consumer Bankruptcy, Done Correctly, To Help Struggling Americans

01/07/20

Today, Senator Elizabeth Warren unveiled her new plan to reform the consumer bankruptcy system. The plan is simple, yet elegant. It is based on actual data and research (including some of my own with Consumer Bankruptcy Project co-investigators Slipster Bob Lawless, former Slipster, now Congresswoman Katie Porter, and former Slipster Debb Thorne).

[more]

Truist innovation lab will put customers at center of product development

01/07/20

Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King.

[more]

Jovita Carranza confirmed as SBA administrator after nine-month delay

01/07/20

The agency's new leader began her career as a part-time night-shift package handler for UPS in Chicago.

[more]

Treasury renews Comerica contract for benefits program hit by fraud

01/07/20

Comerica Bank won another five-year contract from the Treasury Department to run the prepaid Direct Express card program despite criticism of how it handled past fraud cases and customer service blunders.

[more]

Should banks expect cyberattacks from Iran?

01/07/20

Iranian hackers have a history of targeting U.S. banks. Security experts discussed how bankers can prepare themselves if such attacks are renewed as part of a response to the killing of Qassem Soleimani.

[more]

Professional Holding in South Florida plans $75M initial public offering

01/07/20

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

[more]

Citi names Chubak head of U.S. retail banking

01/07/20

In his new role, Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

[more]

HUD proposes easing Obama-era fair housing rule

01/07/20

The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.

[more]

BankMobile promotes Luvleen Sidhu to CEO

01/07/20

Sidhu, who co-founded the digital-only unit of Customers Bancorp, replaces her father, Jay, who will remain executive chairman. The bank is also rolling out a new service that allows direct-deposit to customers to access their paychecks two days before they are paid.

[more]

What do investment bankers and insurers have in common?

01/07/20

Both know a superior customer experience is business critical, and key competitive advantage.On February 4 at 2pm ET, learn first-hand from executives at an investment firm, an insurance firm, and a property and casualty company about their leading customer services strategies.

[more]