Bankruptcy Blogs

Deutsche Bank watchdogs said to favor Europe deal for lender

01/16/19

Deutsche Bank's key regulators would prefer the lender merge with a European rival rather than local competitor Commerzbank, setting them apart from forces in the government keen on an all-German deal.

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Fed study gauges toll of student debt on millennial homeownership

01/16/19

American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit.

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Cost cuts and rate hikes drive Comerica's 4Q profits

01/16/19

The Dallas company beat earnings estimates even as it reported declines in deposits, total loans and fee income.

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FHFA will no longer defend agency's constitutionality in court

01/16/19

A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month.

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Sterling Jewelers fined by CFPB for unauthorized credit card accounts

01/16/19

The company owning brands such as Kay Jewelers and Jared the Galleria of Jewelry will pay $11 million under a settlement with the consumer bureau and New York's attorney general.

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Stock market volatility takes bite out of BNY Mellon profit

01/16/19

The company's fourth-quarter results were also stymied by costs tied to severance and litigation, along with investments in technology.

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Old National to have first new CEO since 2004

01/16/19

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer.

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Real-time payments needs more competition

01/16/19

The Federal Reserve has suggested it could join the market for instant interbank payments, but private sector entrants would be better.

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Barr won't 'go after' marijuana companies, he tells Senate panel

01/16/19

Attorney General nominee William Barr said he disagrees with efforts by states to legalize marijuana but won't "go after" marijuana companies in states that have legalized it based on the Obama administration's policies.

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Goldman dealmakers' surging fees help ease trading misery

01/16/19

Goldman Sachs Group Inc., owner of one of Wall Street’s top deal-making franchises, leaned on that business last quarter to overcome an industrywide downturn in fixed-income trading.

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