Bankruptcy Blogs

Debt settlement firm deceived customers about its services: CFPB

07/09/19

Freedom Debt Relief claimed it could negotiate on consumers’ behalf with creditors that in fact avoided dealing with debt settlement companies, the agency alleges.

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Simplified stress test metric will be ready by 2020: Fed’s Quarles

07/09/19

The Federal Reserve last year proposed consolidating many of the measures of a bank’s capital strength into a single “stress capital buffer.”

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Inside a 'bug bounty' program to spot cybersecurity flaws

07/09/19

The PFM app provider Personal Capital set up a safe way for hackers to expose vulnerabilities in its software.

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Wilmers' legacy of civic advancement honored with yearly prize

07/09/19

The Hancock Shaker Village, with help from banks and other professional groups, established an award named after the late chairman and CEO of M&T Bank.

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Kudlow says Powell's job is safe, no effort to remove him

07/09/19

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

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Piper Jaffray to buy Sandler O'Neill for nearly $500 million

07/09/19

The merger will create a firm with heft in financial services M&A, fixed income and equity research.

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Recap of Fannie and Freddie must protect shareholder rights

07/09/19

How the Trump administration can recapitalize Fannie Mae and Freddie Mac while remedying jilted private investors.

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Challenger bank Current launches anti-overdraft product

07/09/19

The company has created GoFundMe-like pages for users to petition friends and family to help them pay the charges assessed by banks.

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SEC may OK crypto firms as brokers; N.Y. regulator will ‘police everything’

07/09/19

“Limited” digital-asset broker spots mat be approved; Linda Lacewell’s plans for the New York State Department of Financial Services.

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How MUFG’s ‘digital hybrid’ bank raised $7B in deposits

07/09/19

Pierre Habis, president of PurePoint Financial, explains how the digital bank and small network of paperless branches are meeting consumers’ needs.

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