Bankruptcy Blogs

'Fintech charter was a whimsical notion': Comments of the week

03/17/17

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

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Blankfein defends 'GovSachs'; Stumpf cashes in

03/17/17

Goldman CEO tells the bank's shareholders he's proud of his employees' service record; former Wells CEO realizes $83 million in well-timed exercise of stock options.

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Why Bank of the West is flaunting its global reach

03/16/17

The San Francisco firm unveiled a new logo that prominently depicts its connection to its longtime owner, BNP Paribas. In doing so, it is wagering that any fallout from negative public perceptions of global megabanks will be outweighed by new opportunities to generate revenue.

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To err is human, to get fired for it … female

03/16/17

Financial advisers accused of misconduct are treated very differently depending on their gender, with women far more likely to get fired. Plus, what happens when a guy switches email signatures with his female coworker?

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All the ways AI will slash Wall Street jobs

03/16/17

The use of artificial intelligence in capital markets is predicted to displace people all over the Street. At the same time, a few new jobs will be created.

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The Trump plan that may hurt red state bankers

03/16/17

President Trump’s first budget blueprint calls for the elimination of the Treasury’s Community Development Financial Institution grant program, a fund that has traditionally enjoyed bipartisan support but that conservatives have criticized as wasteful.

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Trump budget slashes HUD funding, but keeps FHA intact

03/16/17

President Trump's budget released Thursday calls for slashing the Department of Housing and Urban Development's funding by 13%, or $6.2 billion, compared with 2016 levels, a blow to many bankers who say affordable housing programs and other HUD initiatives are vital to their work.

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How one bank found itself in the middle of the immigration debate

03/16/17

Devon Bank in Chicago has a long history serving immigrant groups in one of the nation's most diverse neighborhoods. Right now, its clients are worried about President Trump's actions on immigration and deportation.

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Aggregate lending may be up, but it’s more complicated than that

03/16/17

When one considers the available data on bank lending, there is a lot more to the story. The solid loan growth at commercial banks in recent years has been concentrated in some of the sectors that appear least in need of credit.

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Blockchain VC to raise fund through digital token offering

03/16/17

The ICO fundraising model has already yielded more than $230 million for startups.

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