Bankruptcy Blogs

San Francisco Fed says banks could weather a big hit to housing

04/01/19

America's banks could largely weather a major housing downturn, a new Federal Reserve Bank of San Francisco analysis finds, and that includes thousands of smaller lenders who typically have higher exposure to real estate.

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German-based Challenger bank N26 still 'on track' for 2019 U.S. launch

04/01/19

As N26 schedules its launch for midyear, it will face off against other startups and mobile-only spinoffs from incumbent financial institutions.

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OCC names new chief of large-bank supervision

04/01/19

The Office of the Comptroller of the Currency has promoted Maryann Kennedy to oversee about 800 OCC examiners who supervise the largest banks.

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Small banks hammer out a cheat sheet for innovation

04/01/19

Lining up leadership and securing staff support are important building blocks for banks eager to become more tech savvy.

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Official Bankruptcy Forms Revised To Reflect April 1, 2019 Dollar Amount Adjustments Now In Effect

04/01/19

As discussed in an earlier post called “Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2019,” various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2019.

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Official Bankruptcy Forms Revised To Reflect April 1, 2019 Dollar Amount Adjustments Now In Effect

04/01/19

As discussed in an earlier post called “Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2019,” various dollar amounts in the Bankruptcy Code and related statutory provisions were increased for cases filed on or after today, April 1, 2019.

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Morgan Stanley focuses on data quality to strengthen AI

04/01/19

The bank is one of many to realize that artificial intelligence is only as good as the data fed into it.

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Bank Holding Companies with the Largest Small-Business Loan Balances

04/01/19

On Dec. 31, 2018. Dollars in thousands, except for average loan amount.

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Preferred Bank to take 1Q hit on foreclosed Manhattan condos

04/01/19

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

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CEO of failed credit union says examiner past helped fuel fraud

04/01/19

Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.

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