Bankruptcy Blogs

New York Fed's Dudley may soon announce retirement: Report

11/05/17

Federal Reserve Bank of New York President William Dudley is close to announcing his retirement, CNBC reported, citing several people familiar with his plans.

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Major Citi-stakeholder Alwaleed arrested by Saudi authorities

11/05/17

Prince Alwaleed bin Talal, the billionaire with significant stakes in Citigroup and Twitter, was arrested by Saudi Arabian authorities as part of an alleged anti-corruption purge in the kingdom.

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Republican Tax Plan May Expand Dischargeability of Private Student Loan Debt

11/04/17
In an application of the law of unintended consequences, the Republican plan to eliminate the deduction for student loan interest may render private student loans subject to discharge in bankruptcy.  
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Why the biggest private mortgage insurer is turning to the capital markets

11/03/17

James Bennison, head of alternative capital markets at Arch Capital Group, says that a new insurance-linked security helps with regulatory capital requirements and provides information that can help the company to better manage risk.

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Digital Audio Files of the Delaware Bankruptcy Court Available Over the Internet

11/03/17

Effective November 6, 2017, the U.S. Bankruptcy Court for the District of Delaware will start making audio recordings of certain proceedings available to the public through PACER, as well as the standard ECF notifications received by counsel.  The recordings themselves will be an attachment to a PDF document, and will be in MP3 format.

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Will Yellen stay on at Fed as board member?

11/03/17

Many industry observers believe Federal Reserve Board Janet Yellen will retire from the central bank once her term as chair expires in February. But there are reasons she might stay.

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Equifax executives cleared by board over post-breach sales

11/03/17

Four executives who sold stock after the company discovered a security breach had no knowledge of the incident when they made the trades, the company said. However, the status of federal investigations is unclear.

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Bank of the West names new commercial tech head

11/03/17

Andreas Bubenzer-Paim previously held a technology role at Bank of America.

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Goldman Sachs plans rebranding of online consumer bank

11/03/17

GS Bank will take the name of Goldman's nascent consumer-lending business, Marcus.

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Replacing a fast-growing bank’s iconic leader — good luck with that

11/03/17

Ira Robbins, the CEO-in-waiting at Valley National Bancorp, will have to complete a major acquisition, make the bank more competitive on returns and costs and tackle other tough tasks after taking over for Gerald Lipkin.

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