Bankruptcy Blogs

Clearinghouses in OLA?

05/08/17

In this short paper, I question whether derivatives clearinghouses can be "resolved" under Dodd-Frank's title II "Orderly Liquidation Authorit

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Berkshire's Munger: Fellow Republicans 'bonkers' on bank-regulation view

05/08/17

Charles Munger, the vice chairman at Warren Buffett's Berkshire Hathaway, said the leaders of his political party risk going too far in their efforts to reduce oversight of banks.

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Wells to cost cuts further; Thriftiness pays

05/08/17

Wells is expected to announce $3 billion more in additional spending reductions; B of A pays half the interest of other banks, but still rakes in deposits.

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How Denmark's banks, merchants set aside differences in mobile payments

05/08/17

The Bokis wallet's new app is scheduled for broad release this summer. It's a rare success for collaborative wallets, as others have failed, such as the U.S.'s Softcard and CurrentC, the U.K.’s Weve, Canada’s suretap and Singapore’s SmartWallet.

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AI may just create the illusion of good credit decisions

05/07/17

Startups believe artificial intelligence will make loan officers obsolete, and that may be true. But it remains to be seen if AI will make lending safer.

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Guaranty Bank collapse marks second failure in two weeks

05/05/17

Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis.

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Oklahoma governor vetoes expansion of high-cost consumer lending

05/05/17

Gov. Mary Fallin, a Republican, sided with consumer advocates over payday lenders in a fight that is playing out in numerous states.

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Breaking Banks: Irish fintech, the EU gateway

05/05/17

Irish fintech execs discuss the sector's growth in their country and the opportunities from Brexit.

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Small banks warm up to marketplace lending for SBA expansion

05/05/17

Five Star Bancorp in California is the latest bank to work with a marketplace lender on referrals. The move comes as the SBA programs have record volumes while concerns linger about banks working with third parties.

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Even in Trump era, cross-border rules critical, top European regulator says

05/05/17

Andreas Dombret, the top banking regulator in Germany, said that international standards need to be vigorously enforced and implemented.

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