Bankruptcy Blogs

Bitcoin surges on China talk; Mortgage market gets boost

10/29/19

President Xi wants faster research on blockchain, the technology behind digital currencies; low rates bring best home loan quarter in 14 years.

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Christine Chabot on "Is the Federal Reserve Constitutional?"

10/29/19

I hate to admit that I'm beginning to find constitutional law interesting. First, there was the Puerto Rico v. Aurelius case that was argued at the Court a few weeks ago.  And then, a few days ago, I came across Christine Chabot's “Is the Federal Reserve Constitutional? An Originalist Argument for Independent Agencies” (here).

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Where does Facebook’s digital currency project stand after Zuckerberg testimony?

10/28/19

American Banker Capitol Hill reporter Neil Haggerty shares how the D.C. community reacted to Mark Zuckerberg’s congressional testimony and how they look at the project now.

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Shell-company bill drives wedge between banking, small business

10/28/19

Beneficial-ownership legislation is within the banking industry’s reach, but the prospect of new regulatory burdens for small businesses is forcing lawmakers to choose sides.

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Ransomware's arms race: What banks have to do

10/28/19

Severe attacks are on the rise in all sectors, including financial services. There are several specific defenses banks can employ to mitigate and recover from them.

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Royal Financial to boost Chicago-area operations with branch deal

10/28/19

The company will buy two suburban locations from North Shore Bank.

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Game on: Citizens to finance new Microsoft Xbox program

10/28/19

The bank says the deal will appeal to millennials' preference for installment loans over credit cards and let consumers get an early upgrade to the next Xbox coming out next year.

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Is Uber Wallet a challenger bank—or something more ambitious?

10/28/19

Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank.

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HUD, Justice Dept. aim to ease lenders' False Claims Act burden

10/28/19

The government has used the law to bring fraud claims against Federal Housing Administration lenders, but the new steps respond to criticism that minor offenders were also getting punished.

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JPMorgan Chase plucks fintech specialists from rivals

10/28/19

The company has recruited bankers from Wells Fargo, Deutsche Bank and smaller firms to expand its corporate banking team that serves financial technology clients.

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