Bankruptcy Blogs

To get millennial clients, banks need millennial bankers

10/10/17

Millennials care about more than money. So it's important for recruiting efforts to show what bankers do for their communities.

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Why longer paternity leave is big win for women

10/10/17

If we really want to be male feminists, then we need to take more paternity leave. Statistically speaking, this correlates with a lot of positives for women in the workforce. So let's go for real impact, instead of simply saying we support women’s empowerment.

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A tale of two CEOs; OneMain deal near?

10/10/17

Deutsche and Barclays chiefs are under different pressures to turn their banks around; with mergers and acquisitions at a low, deal for OneMain would be big.

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How Citi 'co-creates' innovative apps with customers

10/10/17

Yolande Piazza explains Citi Fintech's process for obtaining customer feedback on new apps

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Is the Trump Administration Causing a Reduction in Corruption in Public Companies?

10/09/17

In theory it is possible, I guess.  The Trump Administration comes in, promising to clean or drain or pump the swamp in Washington, and CEOs of public companies become scared and decide to reform themselves.  If so, one would expect to see fewer corruption prosecutions because, of course, there is less corruption to prosecute.

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Why You Must Pay Your Mortgage Directly After Filing Chapter 13

10/09/17

If you are behind on your mortgage, you can use Chapter 13 to stop a pending foreclosure and repay missed payments over the 5 year term of your Chapter 13 plan. However, filing your Chapter 13 case is only the first step in saving your home.

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In Fact Intensive Issues, You Need a Trial to Provide the Court With the Facts

10/06/17

In a decision signed October 4, 2017 in an adversary proceeding arising within the Haggens bankruptcy (HH Liquidation, LLC, et al., case 16-51204), Judge Gross of the Delaware Bankruptcy Court denied a motion for summary judgment, holding that he Court and needs to see evidence at trial of why and how the Debtor failed while a related entity was flush with cash. Judge Gross’s opinion is available here (the “Opinion”).

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CIT agrees to sell $900 million reverse-mortgage portfolio

10/06/17

The sale of the struggling Financial Freedom unit to an undisclosed buyer would continue CIT's strategy of shedding noncore business lines.

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Highlights from the Most Powerful Women gala

10/06/17

A who’s who of banking industry executives turned out for the annual celebration of the Most Powerful Women. Pam Joseph won’t be the next CEO of TSYS after all, but Jamie Dimon seems to be setting JPMorgan Chase up for a female CEO. Does Marianne Lake have the edge?

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