Bankruptcy Blogs

Who Went to Caracas Last Week?

01/14/19

Mitu Gulati & Mark Weidemaier

More and more creditors are filing lawsuits against Venezuela, and we had been planning to do a post on how the dominos were falling. 

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Citi fixed-income trading slumps 21% in bad omen for Wall Street

01/14/19

Citigroup Inc. gave investors the first look at how Wall Street banks fared during the violent market swings at the end of 2018 — and it’s grim.

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Citi beats estimate as earning season opens; Goldman eyes cash management

01/14/19

Trading revenue for banks is expected to be flat; the bank plans high deposit rates to lure corporate customers.

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Credit Bidding and Sears

01/14/19

The Sears' auction is a really valuable teaching moment, I think (and perfectly timed for the start of the semester)—does Sears have going concern value that merits a sale of substantially all assets as a going concern, or is an immediate liquidation the value maximizing move?  

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Is something missing from the U.S. regulatory toolbox?

01/13/19

The post-Dodd-Frank era is one of rightsizing and tailoring rules, but a key bloc of the regulatory brain trust believes the U.S. still lacks mechanisms that could prove helpful in a crisis.

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The shutdown's impact on financial services

01/13/19

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

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Alternative lenders try to fill void left by shutdown

01/11/19

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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Ripple's bank creep, LendUp's new CEO, regulatory competition: Top stories of the week

01/11/19

One bank's push to use Ripple's XRP in cross-border payments; LendUp spins off credit card business, names new CEO; a worrisome resurgence of rivalry among the banking agencies; and more from this week's most-read stories.

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One banker’s take on the Consumer Electronics Show

01/11/19

Todder Moning of U.S. Bank scoured the 2.7 million square feet of the Consumer Electronics Show this week. Here’s what he liked, what he thinks bankers could work with ... and what he thought was weird.

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