Bankruptcy Blogs

Goldman, JPMorgan still betting on five Fed hikes by end of 2019

11/21/18

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

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Outdated brokered deposit rules need a revamp

11/21/18

Decades-old measures designed to rein in risky lenders are now preventing healthy banks from tapping crucial sources of funds.

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Will Q3 profits kill reg relief?; Protecting elderly depositors

11/21/18

Record bank profits could make it tougher to get more regulatory relief; banks monitoring older clients’ mental health.

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Is blockchain the most over-hyped technology in history?

11/21/18

Ron Quaranta and Steve Ehrlich with the Wall Street Blockchain Alliance share what’s working and what’s not with financial services blockchain projects.

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Tax cuts, de novos and gridlock: What bankers can be thankful for this year

11/21/18

There is a surprising amount of pessimism in the air among bankers, including fears of another recession and House Democratic activism. But there are lots of reasons financial institutions should be feeling good.

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Why this bank turns its branches into classrooms

11/20/18

It started with financial literacy classes, but now Chelsea Groton Bank in Connecticut is offering crafts and other so-called lifestyle courses, all in an effort to connect with the public and drive traffic to its branches.

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Warren lays into Navient CEO over Education Dept. audit

11/20/18

The Massachusetts senator said the government’s findings bolster allegations that the servicer steered borrowers into expensive student loan forbearance plans.

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Bank regulators propose expanding exemption for residential appraisals

11/20/18

The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.

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Regional banks are spending heavily on tech. Is it enough?

11/20/18

Are midsize banks in position to disrupt, or are they investing billions in technology because they can’t afford not to?

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CFPB fines Santander Consumer for auto add-on product

11/20/18

The agency alleges the subprime auto lender violated consumer finance laws by misrepresenting the level of guaranteed insurance protection.

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