Bankruptcy Blogs

Brokerage firm pursuing Utah industrial bank charter

11/05/19

A group affiliated with Interactive Brokerage Group has filed an application with the FDIC to form Interactive Bank.

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Let’s clear the air on bitcoin and blockchain

11/05/19

It’s been a bumpy decade for crypto and blockchain, but both are here to stay.

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$11 trillion U.S. mortgage market has a shadowy new player

11/05/19

Financial regulators have been put on notice about the risk of an economically damaging cash crunch in the home mortgage market. Behind the concern: the rapid growth of shadow banks in the origination and servicing of home loans.

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Business loan demand softer; BofA speeds minimum pay hike

11/05/19

Businesses scaled back investment plans in the third quarter, but consumers continued borrowing; the bank now plans to raise its minimum wage to $20 in 2020.

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Central Illinois community banks agree to merge

11/04/19

Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.

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What CFPB’s day in court will mean for FHFA

11/04/19

The Supreme Court is ready to weigh in on the CFPB’s leadership structure, but both agencies are facing similar constitutional challenges, suggesting a broader impact of any decision.

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‘Wall Street’s ledger systems don’t keep honest track of who owns what’

11/04/19

Caitlin Long, member of the Wyoming Blockchain Task Force, explains why the state has enacted 13 blockchain laws and what they mean for fintechs and banks.

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Commercial Law League Program at NCBJ Examines Retail Bankruptcies

11/04/19
The Commercial Law League presented a lively panel on Hot Topics in Retail Bankruptcies featuring  Robert Duffy from Berkshire Research Group, LLC, Kenneth Eckstein from Kramer Levin, Mohsin Meghji from M-III Partners, LP, James Sprayregen from Kirkland & Ellis and Marty Staff from BCBG Maxaria.
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Pennsylvania regulators hit SoFi with enforcement action

11/04/19

The San Francisco fintech company has agreed to pay a $110,000 fine for failing to comply with a 2017 state law that requires mortgage servicers to be licensed.

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