Bankruptcy Blogs

The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship.

The agency’s recent bulletin could help banks get back into the small-dollar lending business, keeping needy borrowers out of debt traps. But other regulatory limits remain in focus.

Black workers are now down to about one in ten U.S. employees inside Citigroup, according to 2017 figures in a report published on its website.

The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon.

California lawmakers have voted to authorize the establishment of state-chartered banks for the limited purpose of serving the marijuana industry.