Bankruptcy Blogs

Dem senators press Trump administration to fill regulatory posts

04/02/19

Four lawmakers are calling on the White House to act quickly to appoint members to Democratic slots on the Federal Deposit Insurance Corp.'s board and on the Securities and Exchange Commission.

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American Banker scores 11 major journalism awards

04/02/19

American Banker won 11 journalism awards during the past week, including its first Grand Neal, the highest of the honors announced at this year's Jesse H. Neal business journalism awards.

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Marcus product chief leaves; BBVA unveils loan tied to digital milestones

04/02/19

The executive is leaving after two years of coast-to-coast commuting; the interest rate on the loan declines as the borrower achieves technology goals.

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The evolution of Umpqua's pick-your-own-banker app

04/02/19

Customers are starting to reveal more to private bankers when they use GoTo, the bank's strategy chief Rilla Delorier says.

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Congress pits VA mortgage costs against veterans' health care

04/01/19

The mortgage industry is stepping up its fight against a bill that would raise the Department of Veterans Affairs' mortgage fees to cover medical costs for Vietnam vets.

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Fed to weigh changes to resolution plans, foreign bank requirements

04/01/19

The central bank will hold an open meeting April 8 to consider revisions to "living will" standards and the tailoring of rules for overseas banks.

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Who will be Wells Fargo's next CEO?

04/01/19

Finding a leader who has all the key attributes — and actually wants the job — may prove challenging, but here are some intriguing possibilities.

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Student Loan Fixes

04/01/19

While presidential candidates propose sweeping new policy initiatives, a few simple legislative fixes could go a long way to alleviate the student loan crisis. Three numbers set by Congress have a huge impact on the burden borne by millions of borrowers: the Stafford loan interest rate, the income-driven repayment plan income share, and the number of years to balance forgiveness.

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Citi earns high marks for disclosing disparities in gender pay

04/01/19

Citigroup earned the lone "A" on an investment firm's scorecard that measures companies' commitments to closing the pay gap between men and women. Goldman Sachs was one of four banks to receive an "F."

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FB Financial in Tenn. to exit wholesale mortgage lending

04/01/19

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

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