Bankruptcy Blogs

Funding Circle adds new compliance chief from Silicon Valley Bank

06/29/17

The online small-business lender has also announced the hiring of a new U.S. head of capital markets.

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All 34 large banks pass capital tests, prepare big dividend boosts

06/29/17

Six biggest banks set to return nearly $100 billion to shareholders; Capital One’s plan approved by Federal Reserve, but with conditions.

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Housing finance system needs updates, not overhaul

06/29/17

With lawmakers bracing for a major policy undertaking to reform the government-sponsored enterprises, they can take comfort that they don’t need to start from scratch.

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Online lender Pave closes to new customers, explores strategic options

06/29/17

The New York-based company saw its fortunes fade after riding an earlier wave of investor enthusiasm about marketplace lending.

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Idaho Woman Sentenced to Probation for Concealing Inheritance in Bankruptcy Case

06/28/17

According to this press release, Rebecca Buell was sentenced today to three years probation and 150 hours of community service following a guilty plea to concealing assets in her chapter 7 bankruptcy case.  Buell failed to disclose to the trustee a $38,960.53 inheritance.  She was ordered to make restitution in that amount as part of the sentence.

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After the stress tests, the crowing

06/28/17

The largest banks announced plans to distribute capital back to shareholders after the Fed gave passing grades to everyone following this year’s CCAR stress tests.

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How a crisis made innovation easier at Wells Fargo

06/28/17

Out of the ashes of the fake-accounts fiasco, heads of business lines became more open to change, an executive at the bank’s innovation group said Wednesday.

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CU trades jointly file amicus brief supporting FOM rule

06/28/17

The brief supporting field of membership expansion – in the face of a lawsuit by the American Bankers Association – is a sign of continued collaboration between CUNA and NAFCU.

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