Bankruptcy Blogs

Fed looks to public to help define role on faster payments

10/03/18

For more than a year, the central bank has been under pressure to speed the development of a real-time payment system. But it faces tough questions about what its own role should be.

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Hanmi files lawsuit blaming SWNB and its board for merger's failure

10/03/18

Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger.

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Floodgates open? De novo applications surge at FDIC

10/03/18

Applications this year are more than double the 2017 mark and the most since 2009. But with some fintechs withdrawing their bids, observers are urging caution.

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Big Brother or big help? Banks defend collecting customers' personal data

10/03/18

To personalize products and services, banks are now tracking all sorts of alternative data sources, even the manner in which customers type in mobile banking apps.

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BOK rebranding in Arizona, Colorado in wake of CoBiz purchase

10/03/18

The regional bank is putting its corporate stamp on branches in the two states.

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Fifth Third shooting survivor: ‘Every day has been better than the last’

10/03/18

Whitney Austin is still recovering after being shot 12 times by the man who killed three people in the Cincinnati bank’s headquarters branch last month. The digital product manager has a new cause, has formed a foundation and is rethinking working life as she prepares to return to the bank.

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Customer calls prove rich data resource for USAA

10/03/18

The bank has long collected data about digital interactions. Now it’s adding tech to gain knowledge from phone call to better understand each customer.

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Sanders bill would force breakup of 6 largest banks

10/03/18

The legislation would require the restructuring of financial institutions that have a total exposure exceeding 3% of the nation’s GDP.

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Lifetime achievement: Barclays’ Barbara Byrne

10/03/18

For her trailblazing career on Wall Street, Byrne will be honored on Thursday at American Banker’s Most Powerful Women in Banking gala in New York.

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High-cost bank loans a step in the wrong direction

10/03/18

Banks are being encouraged to offer smaller loans as an alternative to payday products, but their high interest rates can still put consumers in debt.

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