Bankruptcy Blogs

Trump appeals Deutsche Bank, Capital One subpoena ruling

05/24/19

President Donald Trump doubled down on his fight to stop House Democrats from getting his financial records after losing two court battles this week, filing swift appeals in both cases.

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Simple drops e-billing, and gets heat from consumers

05/24/19

The digital banking provider Simple has been part of BBVA for five years, and its reputation as an easy way to handle and transfer digital money has only grown in that time frame through the addition of faster payments and P2P services.

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JPM takes stand against opiods; Deutsche board clings to seats

05/24/19

JPMorgan tells OxyContin maker to take its business elsewhere; reelection tallies are smaller than last year’s.

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'One less Cordray disciple in the Swamp': Comments of the week

05/23/19

Readers weigh in on the role of the Financial Accounting Standards Board, consider personnel changes at the Consumer Financial Protection Bureau, debate the viability of public banks and more.

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Should Fannie, Freddie be labeled ‘systemically important’?

05/23/19

The FHFA director’s recent comments about whether the government-sponsored enterprises should be designated as SIFIs tees up a potentially significant element of the mortgage finance debate.

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Why keep branches around? They make great billboards

05/23/19

As foot traffic continues to decline, bankers are relying on gimmicks like dramatic lighting and placing buildings closer to highways in an effort to market their institutions.

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Once dismissive of fintechs, traditional lenders now feeling their bite

05/23/19

Online lenders now have close to 40% of the unsecured personal loan market, much of which is refinanced credit card debt. Banks' card portfolios are taking a hit.

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Indictment of Manafort's banker reveals new details of loan scheme

05/23/19

Most notably, the charges indicate that Stephen Calk lied to banking regulators about what he knew when he approved loans to Paul Manafort, as well as about his interest in landing a job in the Trump administration. He faces one count of financial institution bribery.

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TD, Royal Bank defy Canadian housing slump with loan growth

05/23/19

The two lenders are bucking the trend for the overall industry, which saw year-over-year mortgage growth slide to a 17-year low in March, according to the Bank of Canada.

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House passes bill to reverse CFPB policies under Trump administration

05/23/19

All Democrats supported the bill focused on the decisions of former acting CFPB Director Mick Mulvaney, while all Republicans opposed it.

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