Bankruptcy Blogs

The perks and pitfalls of speaking out on social media

02/20/18

Bob Rivers, CEO of Eastern Bank, was praised and criticized after he called out a Boston sports radio station whose on-air personalities made insensitive remarks. The incident underscores why bankers must be mindful about the positions they take.

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Supreme Court rejects hedge funds on Fannie, Freddie suits

02/20/18

The Supreme Court dealt hedge funds and other big investors a blow Tuesday by refusing to revive core parts of lawsuits that challenged the federal government’s capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac.

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Bridgewater Bancshares in Minn. sets stage for IPO

02/20/18

The company could use proceeds from the planned offering to add branches and make bigger loans.

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Gulliver era at HSBC ends with earnings miss

02/20/18

Stuart Gulliver’s final set of results at HSBC Holdings Plc weren’t quite the swansong he’d hoped for as he hands the reins over to his long-term lieutenant, John Flint.

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A solution to California’s pot-banking problem: Its own central bank

02/20/18

The effort would help the state support its burgeoning cannabis industry without interference from federal financial regulators.

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Big five CEOs clean up; More cuts at Deutsche Bank

02/20/18

Average pay among big bank chiefs last year rose 17% to $25.3 million; bank may let go up to 500 bankers and traders in latest restructuring.

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Bank IT just keeps getting harder

02/19/18

Bank information technology departments are tasked with making sure their institutions modernize and remain competitive. But their mission brings a host of technical and cost challenges that often stand in the way of innovation.

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Fifth Circuit Report: Third Quarter 2017

02/19/18

The third quarter of 2017 had one blockbuster opinion reaffirming the finality of exemptions in Chapter 7 and several less remarkable decisions.   It was a slow quarter for bankruptcy.

Rosbottom v. Schiff (Matter of Rosbottom), 701 Fex. Appx. 330(5th Cir. 7/17/17)(unpublished)

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What is the Automatic Stay and Who Does it Protect?

02/17/18

http://www.bankruptcylawnetwork.com/wp-content/uploads/dreamstime_840917... 480w" sizes="(max-width: 300px) 100vw, 300px" />The Automatic Stay is an order entered by the federal bankruptcy court directing that all debt collection actions against a debtor that has filed for bankruptcy protection stop.  In most bankruptci

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JPMorgan whistle-blowing case said to spur $30M award

02/16/18

The CFTC will pay the award for tips received from one person in the case, in which the bank didn’t properly disclose that it was steering asset management customers into investments that would be profitable for the bank.

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