Bankruptcy Blogs

Not dead yet: Branches remain crucial to banks' growth plans

02/28/18

Sure, banks are closing more branches than they are opening, but many still view them as important channels for selling products, dispensing advice and gathering deposits. Here's a look at banks large and small that are opening branches (or, in Capital One's case, cafes) in new markets.

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Banks, retailers point fingers as lawmakers revisit data security bill

02/28/18

Financial institutions and retail companies are trading barbs over which industry poses greater risk to sensitive customer information just as lawmakers are planning to take another stab at a data security bill.

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WSFS in Del. settles lawsuit inherited from bank it bought in 2010

02/28/18

The $12 million settlement forced WSFS to reduce its fourth-quarter earnings.

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Filing Alert: #Tops Supermarket Files for Bankruptcy

02/28/18

On her The Bottom Line 11 blog, Fox partner Mette Kurth discussed the recent bankruptcy filing of regional supermarket chain Tops Markets:

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Education Department Request for Information on Student Loan Discharge in Bankruptcy

02/28/18

Following up on Alan White's post from this morning about the Education Department's draft notice about debt collection laws applicable to student loan debt collectors that prompted a Twitter moment, some more student loan news from the Education Department.

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Banks play game of chicken with municipal depositors

02/28/18

A debate is brewing about whether rising rates mean banks must pay more to hold onto deposits from city and county governments — and whether they are worth it. Some would say no question on both counts, while others say it all depends on the financial strategy of the client and how badly the bank needs that client.

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Bill to correct Madden ruling would benefit consumers

02/28/18

House legislation to reverse a federal court decision on state interest rate caps would increase access to credit, not expand predatory lending as critics have argued.

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CFPB has plenty of options for slashing its budget

02/28/18

The acting head of the Consumer Financial Protection Bureau has made clear he wants to rein in the bureau’s spending, but what exactly he plans to cut is a mystery.

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B of A fires two more employees in sexual harassment probe

02/28/18

The company has fired two additional prime brokerage employees as it continues to investigate accusations of misconduct.

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JPMorgan Chase, CFSI announce fourth annual lab challenge

02/28/18

The goal of the competition is to increase diversity in the financial technology industry.

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