Bankruptcy Blogs

Bank M&A to slacken during Irma, Harvey recoveries

09/18/17

Florida and Texas are normally major sources of mergers, but bankers in those states likely will take a break to assess damage from the hurricanes before returning to dealmaking.

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Role reversal: U.S. leads race to bottom in global bank rules

09/18/17

EU-based banks are citing a U.S. Treasury Department report as reason to slow-walk international regulatory standards.

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CFPB orders private student loan trust and debt collector to pay $21.6M

09/18/17

The CFPB has ordered National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, to pay at least $21.6 million.

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Bank webinars prove to be a marketing hit

09/18/17

Wells Fargo, PNC and others are finding that the web seminar is an effective way to promote themselves through advice and useful content aimed at consumers and business clients.

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Treasury readying capital markets fixes

09/18/17

The Trump administration is prepping recommendations to address shortcomings in the capital markets in a report to be released next month, a top Treasury Department official said Monday.

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Chase names former Amazon exec as head of customer experience

09/18/17

Marbue Brown will oversee customer experience in Chase’s branch network, call centers and digital and mobile platforms.

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Provident to take earnings hit to settle overtime-related lawsuit

09/18/17

The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.

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Chicago deposits millions into city's last black-owned bank

09/18/17

The third-largest U.S. metropolis is entrusting $20 million to Illinois Service Federal Savings & Loan Association, the city’s treasurer, Kurt Summers, announced Monday.

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CFPB’s arbitration rule is best defense for ‘wronged’ consumers

09/18/17

Without the Consumer Financial Protection Bureau's expanding consumers' legal options, they will continue to be vulnerable to the abusive practices that have proliferated throughout the financial industry in recent years.

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Equifax hack claims two executives; Cagney out at SoFi

09/18/17

The chief information officer and top security officer are retiring in the wake of the massive data hack; Mike Cagney is leaving the student loan lender.

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