Bankruptcy Blogs

Housing finance reform next on to-do list for Trump and Congress

11/17/17

The White House and congressional GOP leaders are eyeing a tight window between tax reform passage and the 2018 midterms to pass housing finance reform. And with key policymakers readying their exit, the effort could be the most concerted push yet.

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Regulatory relief is on its way for banks: OCC official

11/17/17

An OCC official said Friday that a change in tone in Washington means banks can expect a softening of regulations soon.

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Credit union's capital raise should make bankers nervous

11/17/17

Jefferson Financial in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. It could also embolden other credit unions to pursue similar fundraising efforts.

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Why Cleveland Fed should retract its online lending study

11/17/17

The report’s authors presented findings that seemed to reflect issues with the peer-to-peer lending industry, but they actually relied on data from a much broader category of loans.

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Executives debate: Is bitcoin ‘the next kale’?

11/17/17

Michael Lewis calls it a "pump-and-dump" scheme. Liz Ann Sonders says it's "the next kale." Should clients invest in cryptocurrencies?

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Empowering women in the economy would boost growth, Citi says

11/17/17

Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc.

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Georgia's Own aims to be first credit union in its state to buy a bank

11/17/17

The credit union has agreed to buy State Bank of Georgia in Fayetteville.

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Treasury details overhaul of nonbank SIFI supervision process

11/17/17

The Treasury Department outlined its vision Friday for how and when federal agencies should use their powers to subject nonbanks to enhanced regulatory scrutiny, emphasizing activities over individual firms.

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Time running out on banks' push to preserve popular tax credit

11/17/17

The House-passed tax bill would eliminate the New Markets Tax Credit while the Senate bill would not reauthorize it when it expires in two years. Bankers and other proponents say that if it is discontinued many economic development projects in rural and low-income communities won’t be funded.

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Fintech seeks to ‘democratize data’ with Nasdaq’s help

11/17/17

The startup Intrinio lets algorithmic traders and banks pick the types of company and market data they want to use rather than pay a large monthly fee for a broad, terminal-based service.

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