Bankruptcy Blogs

Banks and Thrifts with the Most Deposits

03/26/18

On Dec. 31, 2017. Dollars in thousands.

[more]

Banks and Thrifts with the Most Assets

03/26/18

On Dec. 31, 2017. Dollars in thousands.

[more]

Is Dodd-Frank’s <em>other</em> asset threshold destined for the scrap heap?

03/26/18

The biggest legacy of the current regulatory relief effort may be the increasing focus on whether organizing banks in supervisory buckets by asset size makes sense. Yet the bill deals with just one of the two big asset thresholds in the law.

[more]

BBVA-backed fintech launches global bank account

03/26/18

Denizen is designed for expats and migrants to receive money and make payments without international transfer fees or currency exchanges.

[more]

Prosper's earnings suffer from cost of deal that bolstered funding

03/26/18

The San Francisco-based online lender reported a net loss of $115 million for 2017, more than half of which was connected to warrants issued in a deal that stabilized the struggling firm.

[more]

Cash or gift card? (Never mind — our AI already knows)

03/26/18

HSBC is letting artificial intelligence software predict the types of reward offers card customers prefer. It's driving up response rates in marketing tests, but the process raises privacy and other issues.

[more]

Eliminate incentives that encourage bad behavior: N.Y. Fed's Dudley

03/26/18

The departing New York Fed president said Monday that the banking industry should improve its culture, better aligning pay with long-term stability and removing bad actors.

[more]

Notes on The Weinstein Company Bankruptcy's First-Day Hearing: Complexity

03/26/18

Some rarely-heard terms at The Weinstein Company's March 20 chapter 11 first-day hearing: sexual harassment, sexual assault, rape.

A more common utterance among TWC representatives: complex. The industry, the capital structure, the lending arrangements. All complex. Complex complex complex complex complex.

[more]

Indiana mutual to raise $22M from second-step conversion

03/26/18

Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions.

[more]

Here's how blockchain could help the mortgage industry

03/26/18

Governments are studying ways blockchain can safeguard property records and simplify how they get tracked.

[more]