Bankruptcy Blogs

Judge Selection in Municipal Bankruptcy and PROMESA

04/23/17

In light of the timeline on the Puerto Rico debt situation, I have just posted on SSRN a contribution to the ABLJ/ABA symposium last fall.

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Fight over CFPB prepaid rule coming to a head

04/21/17

The fight over a Consumer Financial Protection Bureau rule adding new restrictions to prepaid cards is intensifying as some Republicans hope to overturn it before a looming deadline expires.

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CFPB loses appeal in case involving for-profit colleges

04/21/17

A federal appeals court rejected Friday an appeal by the Consumer Financial Protection Bureau to investigate an accreditor of for-profit colleges.

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Investment banking answers regionals' prayers, stays in D.C.'s crosshairs

04/21/17

Fees from capital markets activities have propelled profits at several regional banks when they needed it —and just as the Glass-Steagall redux crowd wants to kill it.

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Tim Sloane

04/21/17

Tim is the Vice President of Payments Innovation at Mercator Advisory Group and guides research in the many complex technologies impacting payments including biometrics, identity management, blockchain, tokenization, IoT, machine learning and cloud technology, to name a few.Tim’s background includes management of a software Research & Development organization that was responsible for developing and certifying international data communications products.

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Big banks take on ultimate omnichannel challenge: Mobile mortgages

04/21/17

The development of mobile mortgage solutions has to strike a delicate balance between self-service and making humans readily available for the stressful process.

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Subprime auto lenders put on notice over ties to shady dealers

04/21/17

A $26 million settlement by Santander Consumer is shining a light on the hard-to-measure problem of auto dealer fraud, while also raising questions about the adequacy of lenders' efforts to combat bad behavior.

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One less female CEO-CFO duo; Supreme manteruppting

04/21/17

Carol Hayles’ departure from CIT leaves us with one less female CEO-CFO team in banking; even Supreme Court justices get manterrupted; a Google doodle celebrates a microlender; and Sen. Elizabeth Warren strikes a pose.

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Wells Fargo investors should apply pressure to repair the damage

04/21/17

While many shareholders are by now largely immune to the transgressions of the U.S. banking sector, Wells Fargo’s recent phony account scandal has given even the most hardened cynics pause.

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BBVA taps blockchain to make international payments in seconds

04/21/17

Using a program built by Ripple, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.

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