Bankruptcy Blogs

Lazaro de Mello Brandao, who at 91 is the world's oldest serving bank chairman, said he'll step down after more than 25 years in that role at Banco Bradesco SA, triggering a succession race at Brazil's second-largest bank by market value.

The payday lending industry is planning to use the same playbook employed by the financial services industry in its fight against the CFPB's arbitration rule.

Nearly half of black Americans who borrowed from the federal government to attend college defaulted on their student loans, according to new data from the U.S. Department of Education.

The Federal Deposit Insurance Corp.'s No. 2 said deposit insurance helps prevent bank runs, but can also make banks more prone to taking on risk that can cost the public.

The tech giant won praise from consumer groups for its decision to ban ads for high-cost consumer loans. But the policy contains a big loophole, and advertisers have found multiple ways to exploit it.