Bankruptcy Blogs

Fidelity has 'real need' to recruit more women, CEO Johnson says

09/27/17

For people well-schooled in the relationship between supply and demand, here's one Fidelity Investments may not have seen coming: The demand for female financial advisers outstrips the supply.

[more]

Equifax breach threatens small businesses, too

09/27/17

It’s not just consumers who are worried about identity theft. For the millions of business owners who rely on their personal credit to finance operations, damage to credit scores could have dire consequences.

[more]

Cheat sheet: What tax reform would mean for lenders

09/27/17

Some in the housing industry expressed concern that the plan would double the standard deduction to $24,000 for married couples and $12,000 for individuals—a move that could dramatically lessen the impact of the mortgage interest write-off.

[more]

The Most Powerful Women in Finance

09/27/17

Across asset management, investment banking, capital markets and cards, these finance executives stand out for their performance and for helping to create a path to parity for women in sectors that tend to be even more male-dominated than the banking industry.

[more]

CFPB penalizes title company over RESPA steering

09/27/17

An Indiana title company $1.25 million on Wednesday for steering borrowers to an affiliated title insurer without disclosing that three executives are part-owners of the insurer.

[more]

Industry skeptical of plan to simplify capital rules

09/27/17

The proposal is aimed at a simpler capital regime particularly for community banks, but some industry representatives and regulators themselves questioned whether the plan went far enough.

[more]

ID-verification firms seize on Equifax moment

09/27/17

The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.

[more]

Wells Fargo fighting order to rehire whistleblower

09/27/17

Wells Fargo is extending a 6-year-old fight with a whistleblower, despite a government order to immediately reinstate the former employee.

[more]

Brokered deposits are not the horror portrayed by regulators

09/27/17

How most banks obtain deposits has changed radically over the past 30 years, thanks in part to innovation. It is time for regulators to rethink their notion of what constitutes a quality deposit portfolio.

[more]

Equifax CEO Smith ‘retires’; Senators scold SEC chief

09/27/17

The embattled Smith may lose severance benefits, depending on firm’s probe into data breach; Clayton grilled about why the agency took so long to act after Edgar hack.

[more]