Bankruptcy Blogs

Faces of the financial crisis: Where are they now? (Policymaker edition)

07/30/18

The D.C. movers and shakers at the center of the financial crisis — and the government’s response — have all moved on to new positions. Here's a look at what they did afterwards.

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BNP Paribas to sell 20 million more shares of First Hawaiian

07/30/18

The French company's stake in First Hawaiian will fall to about a third after the secondary offer is completed, and First Hawaiian will buy some of the shares.

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Crypto bank makes belated debut after bitcoin plunge

07/30/18

The cryptocurrency-focused merchant bank Galaxy Digital, led by a former Goldman Sachs partner, will start trading on a Toronto exchange this week. Its journey is a cautionary tale in regulatory risk.

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Where GSE reform went wrong

07/30/18

Fannie Mae and Freddie Mac remain in conservatorship nearly a decade after the financial crisis, and there’s still no end in sight.

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IBM, CLS launch blockchain banking app store

07/30/18

Banks that have decided to use Hyperledger Fabric now have a place to find apps that run on it — apps that someone else has tested. The store, LedgerConnect, is also meant to give vendors a way to distribute their wares to banks.

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Cagney unruffled by revelations; FHFA head accused

07/30/18

The former SoFi CEO raises funds for his new venture despite recent admissions about dating employees; female employee says Mel Watt harassed her.

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The crisis isn't over

07/29/18

Ten years ago, it was a banking crisis, but it became a political one. That crisis never ended.

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Bankers’ testimony could loom large in Manafort trial

07/27/18

The roster of of potential witnesses at the trial of President Trump's former campaign manager includes current and former employees of Citizens Financial Group, Banc of California and The Federal Savings Bank.

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Senate Democrats send CFPB nominee list of follow-up questions

07/27/18

Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing.

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Hard part of reg relief, pot banking regtech, Mulvaney's twist: Top stories of the week

07/27/18

Federal bank regulators consider roughly a dozen new rules; firms tout tools to help financial institutions bank legal marijuana-related businesses; Mick Mulvaney defends CFPB enforcement powers; and more from this week's most-read stories.

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