Bankruptcy Blogs

Will telecoms' tighter data sharing cripple banks' fraud detection efforts?

04/29/19

Many banks rely on the location data they get from carriers through data aggregators to spot fraudulent transactions. With telecom companies shutting that source down, banks are worried it could significantly hurt their capacity to detect fraud.

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The Student Loan Tax

04/29/19

Democrats’ policy proposals have sparked a vital and overdue debate on our system to pay for post-secondary education, and how that system burdens and redistributes income. The existing system combines a small share of taxpayer funding (via the Pell Grant) with a large share from the student loan tax. The student loan tax requires the students themselves to pay a percentage of their income for 20 to 25 years, collected not by the IRS but by private contractors for the US Education Department.

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Visa, Mastercard finalize EU card probe with fee cut pledge

04/29/19

Visa Inc. and Mastercard Inc. ended nearly two decades of European Union antitrust scrutiny with a pact that requires them to reduce fees for foreigners shopping in the region.

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Virtue-signaling banks hurt shareholders and customers

04/29/19

Financial institutions should focus on maximizing returns instead of feel-good initiatives to cut greenhouse gas emissions or reduce gun financing.

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Banks and Thrifts with the Largest Securities Portfolios

04/29/19

On Dec. 31, 2018. Dollars in thousands.

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Big banks chase Schwab; Bramson readies Barclays fight

04/29/19

Wall Street moves to compete with the low-fee financial services giant; activist investor has an uphill climb for a seat at this week’s annual meeting.

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April Frazer, Wells Fargo | Most Powerful Women: Next

04/28/19

April Frazer describes herself, forthrightly, as a very driven person. Which may explain how she became global head of banks at Wells Fargo before her 37th birthday.

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The Most Powerful Women in Banking: Next

04/28/19

Get ready to meet 15 women — ages 40 and under — whose accomplishments and influence set them apart.

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