Bankruptcy Blogs

Senators push bill targeting predatory lending on solar energy investments

04/06/17

The bill from three GOP senators would require Truth in Lending Act disclosures for so-called Property Assessed Clean Energy loans, which are currently exempt from the law.

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Sweeping reg relief? Bankers aren't counting on it

04/06/17

A recent survey found that a vast majority of bankers expect lawmakers to make only moderate changes to existing industry regulation.

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How Laplanche's new venture differs from Lending Club

04/06/17

Upgrade, an online lender started by former Lending Club CEO Renaud Laplanche, will tout credit monitoring and education features to stand out in a crowded field.

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Big banks poised to scoop up fintech startups, report finds

04/06/17

Big banks may have scoffed when a gaggle of financial technology upstarts promised to reinvent their business. Now they want to buy them.

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Cohn backs Wall Street split of lending, investment banks

04/06/17

In a private meeting with lawmakers, White House economic adviser Gary Cohn reportedly said he supports a policy that could radically reshape Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks.

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Want to succeed in banking? Try failing first

04/06/17

Success stories offer relevant lessons for those charting and executing a strategy, but with the proper perspective, stories of setbacks show bankers where they can and must improve.

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PacWest to buy CU Bancorp in Los Angeles for $705 million

04/06/17

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in southern California.

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Cordray takes heat; Apple Pay fails to click

04/06/17

CFPB director accused of being "asleep at the wheel" during the Wells Fargo scandal; consumers and retailers both reluctant to use Apple's mobile payment service.

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Auto loan delinquencies hit highest level in four years

04/06/17

New data from the American Bankers Association is the latest warning sign for the sector

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Business Bankruptcy Snapshot: Westinghouse Electric Company LLC

Declaration of Lisa J. Donahue Pursuant to Rule 1007-2 of the Local Bankruptcy Rules for the Southern District of New York (related document(s) 1) filed by Robert J. Lemons on behalf of Westinghouse Electric Company LLC. (Lemons, Robert) (Entered: 03/29/2017)