Bankruptcy Blogs

BMO and TD lead peers in pot accounts

10/05/17

Bank of Montreal and Toronto-Dominion Bank are emerging as the banks of choice for Canada's burgeoning marijuana industry, even as some lenders shun the sector.

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Senate confirms Quarles as first Fed vice chair of banking supervision

10/05/17

Randal Quarles was confirmed 65 to 32 as a Fed governor, and by voice vote as the vice chairman of banking supervision.

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Credit fintechs will wither, but small-business lending will prosper

10/05/17

Small-business credit is poised for a shakeout. In the coming months, partnerships between banks and fintechs will increase, and credit models will be refined.

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Double Whammy: In a Sweeping New Opinion, the Ninth Circuit Creates a New Mechanism for Completely Wiping Out Unexpired Leases in Bankruptcy, and Also Undercuts a Critical Protection for Buyers in 363 Sales

10/05/17

In In re Spanish Peaks Holdings II, LLC, Case No. 15-35572 (9th Cir. Sept. 12, 2017), the Ninth Circuit Court of Appeals held that a bankruptcy trustee may use Section 363(f) of the Bankruptcy Code to sell real property free and clear of unexpired leases without affording the non-debtor lessees the right to retain possession of the property.

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Operationalizing machine learning for fraud

10/05/17

Emerging channels and payment types have created a new ecosystem of risk, and legacy systems cannot keep up. By now it’s clear that machine learning is the answer for fighting fraud at scale. While organizations are excited about the enormous potential of machine learning in the fight against fraud, they also have questions about where they should begin, and what they should look for. Read this free 11-page report and get actionable insights to help you create a strategy for taking charge of the AI disruption that’s well underway.

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MutualFirst to expand in southern Indiana with latest deal

10/05/17

The company will pay $66 million for the parent of BloomBank.

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Senators question credit bureau model; Yellen (again) on 'appropriate' regs

10/05/17

Day two of Equifax hearing focuses as much on business model as on the data breach; Fed chair again says she supports bank rules that are not "unduly burdensome."

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Delinquencies remain low even as household debt climbs

10/05/17

At 1.56%, the delinquency rate on consumer loans remains well below historic averages, the American Bankers Association said Thursday.

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Lifetime achievement: Huntington's Mary Navarro

10/05/17

The financial crisis gave Mary Navarro an unprecedented opportunity to change banking for the better — and she delivered.

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Customer communications 2.0: best practices to retain today's Digital Customer

10/04/17

Advancements in digital and mobile have dramatically reduced switching costs for customers of financial service providers.

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