Bankruptcy Blogs

Arizona ballot effort reframes payday lending debate

11/15/19

Over the last decade, American voters have proved remarkably receptive to bans on high-cost consumer loans. Next year, a proposed ballot measure in a traditionally red state trending purple will offer a test case for the durability of that consensus.

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Stablecoins like Facebook's Libra may pose systemic risks, Fed says

11/15/19

Global stablecoins could hurt financial stability if they are improperly designed and unregulated, according to a Fed report.

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Pennsylvania M&A poised for comeback after slow 2019

11/15/19

More banks in the state are considering acquisitions to cut costs and combat margin pressure.

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The Rigged Game of Private Equity

11/15/19
The Stop Wall Street Looting Act introduced by Senator Warren has the private equity industry's hackles up.
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Native American tribe behind push for Calif. de novo bank

11/15/19

The Soboba Band of Luiseño Indians plans to form a holding company and raise $25 million for Legacy Bank.

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Consolidation isn't the answer for regionals

11/15/19

If regional banks really want to compete against behemoths and nonbank entrants they need to emphasize products over M&A.

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OCC plans CRA changes; Goldman promotes more women

11/15/19

The FDIC and the Fed have yet to sign on to the plan; this year’s managing director class includes fewer overall, but a higher percentage are women.

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In partisan D.C., House banking panel flips the script

11/14/19

Bankers had worried about Rep. Maxine Waters' control of the Financial Services Committee, but many now say the Democrat’s working relationship with the panel’s top Republican is refreshing.

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'Don't try the FDIC's patience': Comments of the week

11/14/19

Readers react to the FDIC's fine against a bank over a 5-year-old consent order, Regions Financial's about-face on acquisitions, HUD's promotion of a controversial CFPB official and more.

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Private Equity’s Chicken Little Dance

11/14/19
The private equity industry is lashing out at Senator Warren’s Stop Wall Street Looting Act with some pretty outlandish claims that rise to Chicken Little level.
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