Bankruptcy Blogs

Two Native American tribes to pay $3 million in payday loan scam

06/27/18

Two Native American tribes agreed to forfeit $3 million in money they took in for acting as fronts for a scam run by Scott Tucker, the former race-car driver convicted of operating an illegal payday loan business.

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FHFA needs to curb Fannie and Freddie's insatiable appetites

06/27/18

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

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Bank stocks slide; Amex teams with Amazon

06/27/18

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card.

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7 reasons why consumers are tapping into their home equity

06/27/18

From medical expenses to home improvements, here's a look at some of the most frequently cited reasons homeowners are borrowing against their home equity.

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Bank stocks are on their longest losing streak ever

06/26/18

The S&P 500 Financials Index fell for the 12th straight day Tuesday amid concerns that the flattening yield curve will suppress banks' second-quarter profits.

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Longtime Zions executive LeeAnne Linderman to retire

06/26/18

LeeAnne Linderman, who oversees retail banking for Zions, was the first female chair of the Utah Bankers Association and has mentored and advocated for women in the industry.

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Democrats stick by Waters for banking panel despite controversy

06/26/18

The 13-term California Democrat is in line to chair the Financial Services Committee if her party wrests control of the House in the November election.

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The robots at HSBC aren't bankers. Yet.

06/26/18

At 4 feet tall and with a child's voice, Pepper won't replace tellers, but it can help bank customers interested in applying for a credit card or having issues with an ATM.

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Californians to vote on privacy measure — unless legislature acts first

06/26/18

A ballot initiative that taps into the public's anger about online data abuses has qualified for the November ballot. But lawmakers are considering whether to head off the statewide vote by passing a measure that may be more amenable to the financial industry.

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Veteran community banker joins board of Provident in Mass.

06/26/18

Joe Reilly, who co-founded then ran Centrix Bank, was appointed to the boards of Provident Bank in Amesbury, Mass., and its holding company.

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