Bankruptcy Blogs

Welcoming Mitu Gulati

09/29/17

Regular readers of Credit Slips will know that Mark Weidemaier will often co-post with Professor Mitu Gulati of Duke University. These posts, often on sovereign debt issues, are among our most widely read and commented upon. We are very pleased to announced that Mitu is joining as a permanent blogger.

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Trump, Mnuchin said to meet with Warsh to discuss Fed chair

09/29/17

President Donald Trump and Treasury Secretary Steven Mnuchin met Thursday with former Federal Reserve governor Kevin Warsh as a potential nominee to be next Fed chairman, an administration official said.

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Why are Amazon, PayPal meeting with bank regulators?

09/29/17

Meetings between bank regulators and technology giants like Amazon and PayPal underscore Silicon Valley's growing involvement in the financial services arena, and may presage pursuit of a bank charter.

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Money laundering issues continue to plague aspiring bank buyers

09/29/17

Washington Federal is the latest bank to pull an application after being flagged for insufficient Bank Secrecy Act compliance.

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How Citi aims to become a ‘life partner’ for customers

09/29/17

Citi’s innovation leader, Yolande Piazza, envisions reinventing the way the bank interacts with customers, so that it is part of their daily lives — always present, always intuitively easy and always helpful.

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A Maine community bank takes plunge into digital mortgages

09/29/17

Stephen Sessler, the director of mortgage banking at the $4 billion-asset Camden National Bank, provides other lenders a peek at the benefits and pitfalls of digital mortgages.

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Fallout from Equifax breach will hit banks hardest

09/29/17

Not only will banks be on the hook for counterfeit loans to identity thieves, but they will likely lose loan volume, and ultimately revenue, from changes in consumer behavior.

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Who's new in the Most Powerful Women rankings for 2017

09/29/17

Wondering who is new to the rankings of the Most Powerful Women in Banking and Finance? Here’s an overview of the changes. Plus we recap all of the stories so far, including the top team winners, a feature on CIT Group’s Ellen Alemany, and New York regulator Maria Vullo’s op-ed on the Fearless Girl statue.

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Trump tax plan to boost banks; Morgan Stanley's human bias

09/29/17

While some aspects of the plan would hurt, lower corporate tax rate would increase bank earnings; Wall Street firm thinks the majority of its clients prefer human advisers.

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Fintech charter open to commercial firms: OCC's Noreika

09/28/17

Acting Comptroller of the Currency Keith Noreika affirmed Thursday that the agency’s fintech charter, if implemented, could be granted to commercial firms like Walmart or Google.

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