Bankruptcy Blogs

The New Bond Thing: Sub Sovereign Masala Bonds?

06/08/19

Bored on my flight into Kerala, India’s southern most state, a few weeks ago, I picked up a newspaper lying on the empty seat next to me.  Most of the news was either about the Indian elections and how the nationalist BJP party had swept to power or about or India’s prospects in the cricket World Cup.  What caught my eye though was a little piece in the back section with a photo of luminaries from Kerala’s Marxist party at the London stock exchange.

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Organizers start raising capital for proposed Utah bank

06/07/19

The group behind Bank of St. George is looking to bring in up to $22 million in initial capital.

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Credit union courts nonmember deposits (and trouble with banks)

06/07/19

Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul.

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First failure since ’17, BB&T’s retention play, demise of JPMorgan’s Finn: Top stories of the week

06/07/19

The Enloe State Bank in Texas becomes the first bank to fail in 17 months; BB&T dangles promise of bonus payments to top executives if they stay; where JPMorgan Chase’s Finn experiment went wrong; and more from this week’s most-read stories.

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Using AI to find the ideal branch location

06/07/19

Paramount Financial Technologies says its software can help banks answer key questions about their branch networks, including when it makes sense to expand them.

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Will home equity lending ever recover?

06/07/19

It’s the one consumer loan category where balances continue to fall, and disruption from nimbler fintechs is a big reason why. To win back market share, banks will need to beat the upstarts at their own game.

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CFPB delays compliance date for key part of payday lending rule

06/07/19

The CFPB issued a final rule late Thursday to delay the compliance date for mandatory underwriting provisions of the 2017 payday lending rule.

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Regions to buy health care asset management firm

06/07/19

Highland Associates has $26 billion in assets under management on behalf of not-for-profit medical endowments and foundations. Regions Financial is following the lead of other regionals, which have been scooping up investment firms that specialize in health care.

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Can Fannie, Freddie be overhauled without Congress?

06/07/19

The Federal Housing Finance Agency has far more authority to upend the status quo than most realize, according to a new report.

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Credit union shopping spree funded by taxpayers

06/07/19

As credit unions buy up community banks, policymakers should take another look at ending the industry’s tax exemption and regulatory breaks.

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