Bankruptcy Blogs

Wells Fargo fined by SEC over ‘flipping’ of structured products

06/25/18

The company's brokerage unit agreed to pay $5.1 million to settle claims that employees persuaded clients to sell certain investments before maturity in order to collect higher fees.

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Fifth Third to add branches in Orlando, Chicago, Detroit markets

06/25/18

The Cincinnati bank is following a wider industry strategy of opening new branches in faster-growth, urban markets.

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CFPB ends RESPA inquiry into Zillow co-marketing practices

06/25/18

The Consumer Financial Protection Bureau has dropped its investigation into allegations that Zillow Group Inc. violated Section 8 of the Real Estate Settlement Procedures Act.

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Congress passes on short-term pot banking solution

06/25/18

With more permanent fixes not yet gaining enough traction, recent attempts to clarify marijuana banking rules through appropriations are also falling flat.

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Ohio mutual names new CEO

06/25/18

Thomas Fraser will step down as president and CEO of First Federal Lakewood and instead focus on overseeing the mutual's holding company.

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Fifth Circuit Report: First Quarter 2018

06/25/18

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Hurry Up and Wait: The Weinstein Co. Chapter 11 Hearing #6

06/25/18

All Credit Slips readers are old enough to remember when a quick going-concern sale of The Weinstein Company was said to be imperative. So much so that even the seemingly skeptical creditors' committee ultimately went along, thus making the request to sell the company to Lantern Capital uncontested.

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Bulking up: 2018's biggest bank deals so far

06/25/18

Five of the year’s biggest deals by value have been announced in the last two months, including some that involve regional banks that have been champing at the M&A bit.

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Are black millennials a blind spot for fintech firms?

06/25/18

Startups such as BREAUX Capital are trying to reach consumers historically underserved and underrepresented in financial services.

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How Venmo's card keeps the attention on its app

06/25/18

Despite a reputation for being the go-to P2P app of digital natives, Venmo is once again pushing its market in the opposite direction with the debut of a plastic card.

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