Bankruptcy Blogs

Bitcoin bulls beat bears; SEC chief warns on cybercurrency risk

12/12/17

Price of digital currency jumps 24% in first day of futures trading; Jay Clayton tells buyers to beware, then halts an initial coin offering.

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Seal of approval: Trump approves new logo for NCUA

12/12/17

The last time the agency refreshed its logo was in 1971 under President Richard Nixon.

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10 financial services players to watch in 2018

12/12/17

Some are in new roles or replacing legends, others are embracing new strategies or eyeing big deals and at least one is currently out of banking — but could soon resurface. Here are the industry executives to keep an eye on in 2018.

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Banks, fintechs and a Brit royal to build green-lending blockchain

12/11/17

Can preferential loan terms encourage environmentally friendly practices among corporate borrowers? Barclays, BNP Paribas, and Standard Chartered are working with fintechs — and even Prince Charles — to develop a blockchain to answer that question.

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Democrats file new court brief opposing CFPB's Mulvaney

12/11/17

Over 30 current and former Democratic lawmakers filed a new amicus brief Monday supporting Consumer Financial Protection Bureau Deputy Director Leandra English to be reinstated as acting director of the agency.

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Union Savings in New Orleans to buy larger rival in cash deal

12/11/17

The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal.

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JPMorgan Chase card executive takes reins of branch banking

12/11/17

Pamela Codispoti, credited with launching the popular Chase Sapphire Reserve credit card, has been put in charge of the company’s network of more than 5,200 branches.

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Bitcoin futures trading starts off on wild ride

12/11/17

The cryptocurrency proved so popular it triggered two temporary trading halts on CBOE's Global Markets exchange.

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Cypress Trust in Fla. to buy CenterState's personal trust business

12/11/17

The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust.

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U.S. banks caught up in hacking scheme tied to Russians

12/11/17

A previously unknown ring of Russian-speaking hackers has stolen as much as $10 million from U.S. and Russian banks in the last 18 months, according to a Moscow-based cyber-security firm that runs the largest computer forensics laboratory in eastern Europe.

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