Bankruptcy Blogs

Six standout community bank tech projects

03/31/17

In our recent Community Bank Tech Projects series, we looked at the way a handful of banks chose to invest their precious resources over the last year. Here is a roundup of those projects.

[more]

Reg burden forces community bank to unload CLO business

03/31/17

Triumph Bancorp in Texas agreed to sell its CLO management firm just months after new risk retention rules kicked in.

[more]

Former Yadkin chief leaves just days after company's sale to F.N.B.

03/31/17

Scott Custer resigned as a director and paid consultant to F.N.B. days after the Pittsburgh company bought Yadkin to enter North Carolina.

[more]

Eisman of 'The Big Short' says subprime auto loans concern him

03/31/17

Steve Eisman, the Neuberger Berman Group fund manager who featured in Michael Lewis's book "The Big Short," said he's concerned about the subprime-auto market, even though credit quality across the banking system has improved significantly.

[more]

PayPal seeks graceful retreat in the subprime credit business

03/31/17

The payments giant has made a lot of money issuing loans to online shoppers with blemished credit histories. But now it is looking to reduce its risks.

[more]

Credit Suisse raided, client assets seized in tax probe

03/31/17

Credit Suisse, the second-largest Swiss wealth manager, faces a sweeping tax evasion and money laundering investigation spanning five countries and potentially involving thousands of account holders.

[more]

CFPB's Cordray defends agency’s enforcement actions

03/31/17

In a speech, Consumer Financial Protection Bureau Director Richard Cordray said the agency enforces “with the principle of equal justice” so enforcement actions don’t seem random.

[more]

Be like BMO, not like the big banks, on gender diversity

03/31/17

Get Bank of Montreal's best tips for real results on gender diversity, then try not to get disheartened by other big banks. Plus: Amy Brady, Mary Navarro and Donna Demaio.

[more]

The hazards of consumer choice in banking

03/31/17

Policymakers speak of expanding consumer choice, but for the vast majority of borrowers and investors, standardizing choices that make the most financial sense has greater merit.

[more]

Social media no-nos; Is the public cloud safe?

03/31/17

Former U.K. banker is fined by regulator for using WhatsApp to discuss deals; Chase believes the public cloud is safe enough for banking applications.

[more]