Bankruptcy Blogs

‘What a load of horse hockey!’: Comments of the week

03/08/18

Readers opine on the possibility of an Amazon-JPMorgan Chase checking partnership, weigh in on the Crapo bill, applaud plans that would make the CFPB more of a backup regulator and more.

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Disruption, diversity are goals of this fintech venture fund

03/08/18

The venture capital firm Anthemis seeded 21 fintech startups in its first discretionary fund, which raised $106 million. It favors management teams made up of people from all walks of life who have fresh ideas about shaking up banking and insurance.

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Midterm elections lurk in background of reg relief debate

03/08/18

The Senate legislation could be crucial for three moderate Democrats backing the bill who are up for re-election this fall, although the package has divided the party more broadly.

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Debbie Does Damages: the Stormy Daniels Contract Clusterf*ck

03/08/18

There's been a lot of poorly informed reporting about the Stormy Daniels contract litigation, including in some quite reputable publications, but by reporters who just aren't well versed in legal issues.  For example, I've seen repeated reference to an "arbitration judge" (no such creature exists!) or to a "restraining order" (there's no enforceable order around as far as I can tell.

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Why the small-bank deposit gap could widen

03/08/18

If community banks fail to keep up with higher rates offered by online banks, credit unions and (soon) big banks, their liquidity may deteriorate even faster.

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Senate prepares to end week without vote on Dodd-Frank relief

03/08/18

Unable to come to an agreement on which and how many amendments will be offered to a Dodd-Frank regulatory relief bill, the Senate will have to return next week before voting on the legislation.

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Fintechs on Bank of Amazon: It’d be a net plus

03/08/18

Disruptors would get a powerful new competitor if Amazon began offering checking accounts, but such a move would also validate the notion that fintechs are the future.

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Better representation in corporate boards, less diversity in central banking

03/08/18

After some modest success pushing companies to add women to board, State Street is raising the bar; a few key departures have left the ranks of the world’s central bankers even more male-dominated.

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CFPB should make sure payday rule reboot meets consumer needs

03/08/18

As it gives its small-dollar lending regulation another look, the agency must consider borrowers who have no other credit options.

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Zelle comes calling, but are small banks interested?

03/08/18

Many community bankers fear the fast-growing P-to-P network will increase costs without adding revenue.

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