Bankruptcy Blogs

‘The mere staffing of CFPB is a waste of money': Comments of the week

03/14/19

Readers debate the merits of activist pressure on bank business, discuss the Trump administration's influence on the CFPB, consider Wells Fargo CEO Tim Sloan's performance before Congress and more.

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Fintechs try wooing banks back to construction lending

03/14/19

Software startups say bringing borrowers, builders and lenders onto one digital platform can remove some of the risks lenders faced during the crisis.

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Rivalry between two Silicon Valley lenders turns personal

03/14/19

Seven years after James Gutierrez left Oportun Financial and started a competitor, the acrimony sparked by the divorce is coming into public view.

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FDIC chief ties personal story to CRA reform effort

03/14/19

Recounting her family’s financial struggles, Jelena McWilliams said regulatory policy should address the plight of the underbanked.

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Fed, FDIC to hold public meetings on BB&T-SunTrust deal

03/14/19

The Federal Reserve and Federal Deposit Insurance Corp. will hold two public meetings on BB&T's planned purchase of SunTrust to consider the deal's impact on the U.S. banking system

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Acquisition provides mortgage lender entree into digital banking

03/14/19

Gateway Mortgage Group says its launch of a digital-only bank is scheduled for this summer.

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Senate bill would add another step to FSOC designation process

03/14/19

A bipartisan group of senators is proposing legislation to require the Financial Stability Oversight Council to weigh alternatives before putting a large, complex nonbank under Federal Reserve supervision.

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Madison’s a tough nut for banks to crack

03/14/19

The small Wisconsin city features a vibrant economy, low employment and a growing population, but banks that want to buy their way into the market have their work cut out.

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CIT Group hires TIAA's Hubbard as top lawyer

03/14/19

James Hubbard will replace Stuart Alderoty, who left CIT earlier this year to join the fintech Ripple.

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Wells Fargo's Sloan 'should be shown the door': Waters

03/14/19

House Financial Services Committee Chairwoman Maxine Waters said the CEO's 2018 bonus was "outrageous and wholly inappropriate" and called for his removal.

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