Bankruptcy Blogs

10 questions for departing N.Y. Fed chief William Dudley

03/27/18

In an interview with American Banker, the outgoing president of the Federal Reserve Bank of New York discussed changes in supervision, bank culture and his advice to his successor.

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BofA pays U.K. female staff 28.7% less than male employees

03/27/18

Bank of America pays female staff in Britain 28.7% less on average than male employees, according to a report released Tuesday.

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Citi pays male staffers in U.K. 44% more than females

03/27/18

Morgan Stanley also reported a wide disparity in gender pay, reflecting the greater proportion of men in top executive posts.

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Collecting debts doesn’t have to mean alienating customers

03/27/18

There are ways to provide a better consumer experience, even when institutions are looking to settle up on unpaid accounts.

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Bank bonuses soar; White House probing Kushner loans

03/27/18

Payouts on Wall Street averaged $184,000, following only 2006’s record high; ethics office eying $500 million of real estate loans made to Trump son-in-law.

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Summer Associate Arbitration Clauses: Why Disclosure Isn't Enough

03/26/18

This weekend a mini-scandal erupted over the law firm Munger, Tolles requiring its summer associates to sign pre-dispute arbitration clauses. Munger, Tolles was rightly shamed into rescinding the practice, but one suspects that Munger, Tolles isn't the only firm doing or contemplating doing this. 

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Low Income Housing Tax Credit gets boost from spending bill

03/26/18

Lawmakers approved a measure to increase the program's funding by nearly $3 billion over four years.

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MUFG's big U.S. expansion is just getting started

03/26/18

The holding company for Union Bank — itself a unit of the Japanese giant Mitsubishi UFJ Financial Group — is on a mission to double its size and become one of the nation's 10 largest banks. Under Steve Cummings, its first-ever American CEO, MUFG Americas has expanded middle-market lending and amassed $3 billion of consumer deposits through its new online bank. Is a splashy acquisition next?

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BofA the latest big bank to woo small-business customers

03/26/18

The bank on Monday launched a loyalty and rewards program aimed at small businesses.

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Bank Holding Companies with the Largest Small-Business Loan Balances

03/26/18

On Dec. 31, 2017. Dollars in thousands, except for average loan amount.

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