Bankruptcy Blogs

Citigroup forms lab for traders to code and coders to trade

05/03/19

Citigroup has invited second- and third-year analysts from across its markets and technology teams to apply for Citigroup's newly formed Markets Acceleration Lab.

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‘Mini CFPB’ won’t solve California’s bank regulation problems

05/03/19

The state should overhaul its Department of Business Oversight, but proposals to create a statewide financial protection bureau miss the mark.

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Facebook plans crypto-based payments system; Sloan was a keeper

05/03/19

Digital coin could be used for purchases across the internet; Berkshire vice chair says he would have let Sloan stay on at Wells.

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'Good luck with legislating innovation': Comments of the week

05/02/19

Readers respond to JPMorgan's Twitter gaffe, weigh the role banks should play on issues like climate change, consider the impact of artificial intelligence on fair lending and more.

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This behavioral metric could help banks get ready for next downturn

05/02/19

The Money Anxiety Index, a measure of consumer saving and spending habits, has started rising off a 50-year low. The economist who created it says that means another slump is nearing, and that banks should use the intel in pricing deposits and making other decisions.

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N.Y. regulator’s suit to stop fintech charter gets green light

05/02/19

The Office of the Comptroller of the Currency had sought to dismiss the case, but a court ruling suggested that the state regulator’s claim may have merit.

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OCC official provides more detail on financial innovation pilot

05/02/19

The head of the agency's innovation office said the program will be available only to OCC-regulated institutions.

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After JPMorgan Twitter bungle, how should banks talk about personal finance?

05/02/19

When a tweet drew backlash from customers and politicians on Monday, it brought into question how banks should couch their messages on social media.

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OnDeck lowers revenue target after charge-offs climb

05/02/19

The online small-business lender said it tightened its underwriting standards during the first quarter as credit quality worsened.

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CFPB turns its reg relief focus to HMDA

05/02/19

The Consumer Financial Protection Bureau proposed steps to ease Home Mortgage Disclosure Act requirements, just days after announcing it was retiring a platform to let users analyze raw mortgage data.

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