Bankruptcy Blogs

Wells Fargo takes $1.6 billion legal charge, dragging down 3Q earnings

10/15/19

Investors got a reminder that the bank isn’t past its problems even as it seeks a fresh start under a new leader.

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BBVA partners with fertility company for online health care loan

10/15/19

The bank is providing a point-of-sale loan to women seeking IVF treatments and getting funds to clinics, in some cases, within 24 hours.

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Stop marketing to women and start designing for them

10/15/19

Companies are turning off prospective customers and employees with misguided approaches.

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Citi's 3Q profit aided by growth in card revenue

10/15/19

Better-than expected trading results also helped to boost net income.

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JPMorgan posts trading surge, surprise jump in banking fees

10/15/19

A healthy increase in consumer banking revenue also helped drive an 8% jump in profits at the nation's largest banking company.

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Bank earnings season begins; more payments companies quit Facebook’s Libra

10/15/19

Consumer banking is expected to offset the banks’ underperforming Wall Street units; the defections of Visa, Mastercard and Stripe threaten the cyrpto project’s viability before it starts.

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'I don't think we can ignore digital currency'

10/15/19

Banks shouldn't let the legal and regulatory hurdles deter them, attorney Felix Shipkevich says.

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The next Elizabeth Warren? How Katie Porter is shaking up House banking panel

10/14/19

The California Democrat is less recognizable nationally than other progressives elected to the House in 2018. But she may be "the most feared freshman" on the Financial Services Committee.

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There's no shortcut to innovation, FIS exec says

10/13/19

Community banks and credit unions are eager to innovate, but technology upgrades must be done first, says Bruce Lowthers, FIS banking solutions president.

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