Bankruptcy Blogs

American Express connects to Abra’s bitcoin wallet

07/25/17

American Express is giving its card customers an easy way to transact in cryptocurrency.

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A quick guide to what’s at stake in the SoFi charter controversy

07/25/17

Social Finance’s application for an industrial loan charter has not only drawn opposition from a coalition of incumbent banks and community activists, it also serves as a microcosm of several perennial debates in financial services policy.

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Bank earnings reality: This may be as good as it gets

07/25/17

Just as pre-crisis success was illusory, so too might be expectations that banks could ever regain that type of profit growth again.

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CIT swings to profit as it continues transition to traditional bank

07/25/17

A series of balance sheet moves and a focus on deposit gathering and business lending led to a $157 million profit in the second quarter.

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Flagstar profit off 13% as fee income falls

07/25/17

The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.

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Fannie, Freddie are irrelevant to a government-backed mortgage system

07/25/17

Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.

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Citi's investor day returns; Morgan Stanley tops Goldman

07/25/17

Citi is holding its first investor day since the financial crisis, plugging credit cards and its Mexican business; Morgan Stanley's market cap tops Goldman's for the first time.

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'Sadly, there still is a tendency to discriminate'

07/25/17

Former Comptroller of the Currency Eugene Ludwig shares stories from his days as a top regulator during the Clinton Administration and the reasons why bank rules should be reviewed and maybe rewritten.

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Mobile-only fintech makes play for (regular) bank charter

07/25/17

Varo Money, an app designed for people who want to exclusively bank on their cell phones, announced Tuesday that it has filed formal applications for a national bank charter.

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A tale of foresight, planning, and one rich M&A valuation

07/24/17

WashingtonFirst had a sudden window of opportunity to sell itself in the latter half of 2016, but it had been preparing for a possible sale for more than two years before that, and perhaps as a result it received one of the most valuable buyout offers this year.

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