Bankruptcy Blogs

Looking to solve tech needs, small banks stumble into revenue stream

06/08/18

Developing technology in-house and then licensing it is one way a small bank can build a reputation as an innovator.

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Four companies driving the bank tech discussion, with only one a FAANG

06/08/18

Facebook, Apple, Amazon, Netflix and Google garner so much attention that they have their own collective shorthand, FAANG. But it was a mostly different set of companies, including Starbucks and Acorns, that were top of mind this week for their financial services moves.

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After reg relief, are Dems a party of Warren or a party of compromise?

06/08/18

Months after a group of Democrats helped propel Dodd-Frank reforms forward, the opposition party’s identity crisis on banking policy is still on full display.

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BofA to hire 10,000 workers from low-, moderate-income neighborhoods

06/08/18

In a new initiative announced Friday, Bank of America said that it will work with several nonprofits to source a pipeline of local talent in its markets.

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New bank lobbying group excludes Goldman and Morgan Stanley

06/08/18

The firms were initially slated to be included in a newly merged trade association, but they were blocked after some executives objected to adding more Wall Street banks.

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Firestorm over faulty accounts is just beginning

06/08/18

Institutions that have been opening consumer accounts without consent need to prepare for the fallout, even if the OCC has said it won't name names.

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OCC says it's just Wells; Church looks at payday lending

06/08/18

The agency found no “systemic issues” in its review of other banks’ sales practices; some churches say the lenders are needed, others see the devil.

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Supreme Court Decides Three Narrow Bankruptcy Issues

06/08/18

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'So much for the C in CFPB': Comments of the week

06/08/18

Readers react to members of the Consumer Financial Protection Bureau's advisory board getting fired, opine on Sen. Elizabeth Warren slamming deregulation, weigh in on facial recognition technologies and more.

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The internet will be everywhere, in everything. Banks better be, too

06/07/18

Banks will need to evolve further and faster to reach consumers in an interconnected, always online world, according to industry leaders.

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