Bankruptcy Blogs

How a community bank took the fall for the financial crisis

09/12/17

A new documentary airing on PBS Tuesday raises questions about why prosecutors targeted a small bank after the financial crisis and left bigger institutions untouched.

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Hurricane aftermath: Bankers’ stories of community resilience

09/12/17

As hurricanes wreaked havoc over the last couple of weeks, several banking-related narratives have emerged. Here is a look at those stories.

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Index of Banking Activity: July IBA at 56.2

09/12/17

Index points to steady if slightly slower growth in the month. A key question: Do readings in delinquencies and loan rejections point to a turn in consumer credit?

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'It's like nothing I've seen'

09/12/17

Newly appointed Editor in Chief of American Banker Rob Blackwell shares his take on the prospects for financial regulation reform this fall.

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Panic over Equifax breach bleeds to TransUnion

09/12/17

TransUnion Chief Financial Officer Todd Cello said Tuesday the firm kept call centers open through the weekend to deal with the flood of calls from anxious consumers.

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Equifax breach threatens bank reputations, too

09/12/17

Banks should not point blame at the credit bureau but rather should step up and demonstrate their commitment to their customers. If you punt the problem to Equifax, it suggests you don’t really care.

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SoFi CEO Cagney steps down amid sexual harassment claims

09/12/17

The chief executive officer of Social Finance is stepping down before the end of the year amid sexual harassment accusations leveled at one of the most valuable financial technology startups.

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Cagney leaves SoFi; Equifax lobbied for breaks before breach

09/12/17

Online lender’s co-founder says “negative press” from lawsuits has become a “distraction”; company sought lighter regulation and limited legal liability for credit bureaus.

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How the iPhone may alter mobile banking

09/12/17

Facial recognition and an updated Apple Watch could spur change in banks’ mobile apps for Apple customers.

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Senate Finance leaders probe Equifax data breach

09/11/17

Senate Finance Committee leaders sent a letter to Equifax CEO Richard Smith scrutinizing the scope of the company's data breach and its response.

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