Bankruptcy Blogs

Crapo shakes up GSE reform with housing finance plan of his own

02/01/19

The Senate Banking Committee chairman released an outline for overhauling the U.S. housing finance system more than 10 years after the government put Fannie Mae and Freddie Mac into conservatorship.

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Changes to capital rules should be part of GSE overhaul

02/01/19

As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system.

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Union Bankshares to rebrand following wave of acquisitions

02/01/19

The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year.

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EU charges 8 banks with price fixing; FBI, police foil bank moles

02/01/19

The European Commission says eight unnamed banks operated as a cartel in the €7 trillion eurozone government bond market; authorities detected a 150-foot tunnel leading to a JPMorgan Chase branch in Florida.

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'Can it be that these people take themselves seriously?': Comments of the week

02/01/19

Readers weigh in on calls that regulators consider the financial risks from climate change, respond to Trump administration plans to overhaul the housing finance system, consider GOP strategy on the House Financial Services Committee and more.

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It’s a platform planet. Can banks adapt to it?

02/01/19

Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where sellers pull buyers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks like Eastern — say they can't afford to sit out the trend.

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SBA plays catch-up as threat of another shutdown looms

01/31/19

Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again.

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House Republicans to White House: Add state regulator to FDIC board

01/31/19

The lawmakers said the lack of someone with a state supervisory background among the agency's three inside board seats violates federal law.

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Cullen/Frost moves quickly on hires as part of Houston expansion

01/31/19

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

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U.S. Bancorp expands borrowing options for corporate clients

01/31/19

The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.

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