Bankruptcy Blogs

Graham unveils Senate measure to repeal CFPB payday rule

03/23/18

The congressional resolution to overturn the payday regulation comes as acting CFPB Director Mick Mulvaney has already said the agency will reconsider the rule internally.

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Reluctant convert: This Massachusetts mutual may be out of options

03/23/18

A recent acquisition that was highly dilutive, and a lack of suitable mutual targets, could spur HarborOne Bancorp to pursue a second-step conversion.

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The reasons U.S. blockchain adoption has stalled

03/23/18

JPMorgan Chase is said to be dropping its Quorum blockchain technology, and little is happening with other blockchain projects that have been in the works for years. What gives?

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Amazon's good luck, blockchain dangers and French dissing

03/23/18

Luckily for Amazon, the OCC is no longer “the angry dad on the porch with a shotgun," trying to keep tech companies from hooking up with banks. JPMorgan Chase’s Amber Baldet can pack a room for a lesson on blockchains. And it is the end of catcalls in France.

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Regionals may lose ‘systemic’ label, but they’re not out of the woods

03/23/18

The regulatory relief bill frees some regional banks from the tough supervision reserved for larger companies, but regulators still can subject them to onerous requirements.

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Bank of the West, BNP Paribas scout for fintech partners

03/23/18

The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines.

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Level One in Michigan plans IPO

03/23/18

The company said it could raise up to $25 million through the initial public offering.

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This isn't a bailout, this is return of stolen funds

03/23/18

News that the GSEs need an infusion from Treasury to cover quarterly losses underscores problems with the government’s 2012 decision to “sweep” the housing giants’ profits.

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Citi take lead on gun issue; Big three banks’ deposits grow

03/23/18

The bank said it won’t do business with clients who sell guns to minors or those who fail background checks; JPM, B of A and Wells now hold nearly one-third of U.S. deposits.

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'Predatory lending is here to stay': Comments of the week

03/22/18

Readers react to the Senate regulatory relief bill, weigh in on the Consumer Financial Protection Bureau’s innovation initiative, chime in on whether banks need to provide more value in a digital age and more.

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