Bankruptcy Blogs

New GSE proposal seeks to fill capital void

06/09/17

As long as Fannie Mae and Freddie Mac exist, they must have adequate capital so taxpayers will never again be compelled to help them meet their financial obligations.

[more]

'Training bankers, not sales people': Comments of the week

06/09/17

Readers chime in on banks being problem-solvers, Jamie Dimon’s ties to Trump, a new mortgage app, CFPB catching heat over the Wells Fargo account scandal, and more.

[more]

Zames to leave JPMorgan Chase; House passes Choice Act

06/09/17

Matthew Zames, the bank's COO, is leaving because Jamie Dimon doesn't look like he is; Financial overhaul bill passes along party lines but is unlikely to be the last word on regulatory reform.

[more]

2017 Digital Bankers of the Year

06/08/17

The following is a recap of the 2017 slate of honorees picked by the tech journalists at American Banker, led by Digital Banker of the Year Michelle Moore of Bank of America and including four finalists.

[more]

CFPB warns lenders over controversial credit card offers

06/08/17

The agency recently sent a letter to nine banks urging them to stop offering deferred interest cards, arguing that consumers are often unaware of the risks involved.

[more]

CFPB reverses course on key part of debt collection proposal

06/08/17

The Consumer Financial Protection Bureau said banks and other first-party creditors are responsible for the accuracy of information on consumer debts.

[more]

‘Still a victory’: Why a House reg relief bill matters despite Senate opposition

06/08/17

Clearing the bill through the House has value, giving baseline legislative language that the Senate might select in a more modest legislative package.

[more]

Energy lender unveils far-reaching plan to address capital, credit woes

06/08/17

MidSouth Bancorp in Louisiana will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure.

[more]

Playing corporate matchmaker at HSBC

06/08/17

The bank's new Connections Hub portal allows its commercial clients to find potential buyers and sellers of their products in other markets.

[more]

Should banks be in the business of ‘surveillance capitalism’?

06/08/17

The selling of anonymized customer data may be legal, but it raises ethical questions about the use and protection of that information.

[more]