Bankruptcy Blogs

Treasury exits largest Tarp investment

05/10/17

The agency sold nearly 10.3 million shares in First BanCorp in San Juan, Puerto Rico, for $57.7 million.

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Six ways community banks are boosting bottom lines

05/10/17

The recent earnings season shined a light on community bankers’ tactical moves. Here’s a look at what some institutions are planning in coming months.

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Meltzer, Fed historian who criticized bailouts, dies at 89

05/10/17

Allan Meltzer was an economist and Federal Reserve historian who was critical of the central bank’s recent policies.

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Wells Fargo feels heat to cut more costs

05/10/17

After a bogus-accounts scandal spooked new clients and crimped profitability, Wells Fargo may eliminate more branches and dismiss staff.

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Fintech’s future is in the back end

05/10/17

The consumer banking experience still needs work. But instead of investing money in consumer-facing products, we must invest in critical yet less sexy infrastructure improvements.

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Live Oak seeks to recreate nCino's success with First Data's help

05/10/17

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.

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AIG ruling overturned; Staley faces the music

05/10/17

Appeals court throws out earlier ruling that federal bailout of giant insurer was illegal; Barclays chief likely to face angry shareholders at annual meeting.

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CFPB makes first move toward small-biz data requirements

05/10/17

The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data.

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Congressional efforts to kill CFPB prepaid card rule fall short

05/09/17

CFPB runs out congressional clock and saves prepaid card rule

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Tax refund business propels prepaid card firm Green Dot

05/09/17

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

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