Bankruptcy Blogs

Proof Wall Street Is Still a Boys' Club

03/15/17

A new study finds that, when it comes to truly celebrating women, Wall Street still has a long way to go.

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SocGen taps Amazon, Microsoft for cloud as banks target costs

03/15/17

Societe Generale is working with Microsoft and Amazon.com to become one of the first large European banks to adopt cloud computing for the bulk of its operations.

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Capital Bank Financial said to weigh a sale after approach

03/15/17

Capital Bank Financial in Charlotte is working with advisers to explore a sale after receiving an unsolicited approach, people familiar with the matter said.

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Don’t let fake news or careless tweets expose your bank to harm

03/15/17

Firms need to evaluate risks ranging from hackers spreading false information about the bank to an executive’s inappropriate social media posts.

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Bidding war for MoneyGram; Trump's Treasury team

03/15/17

Euronet's offer seeks to spoil Ant Financial's January deal for money-transfer company; White House nominates six to top Treasury posts, including James Donovan as deputy secretary.

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GOP Senator suggests raising flood insurance cap to solve fiscal woes

03/14/17

Sen. Mike Rounds, R-S.D., suggested Tuesday that the National Flood Insurance Program should boost its insurance coverage to $427,000 in an effort to put it on sounder fiscal footing.

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Cloud security vendor raises $12 million

03/14/17

The venture capital firms of Goldman Sachs and Citigroup, along with the fund backed by Google’s chairman, have invested in a firm that helps banks secure their cloud technology.

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New York regulator's bid to expand fintech authority in jeopardy

03/14/17

New York's financial regulator had sought to expand licensing requirements for certain fintech firms through a provision in the state's budget, but the provision was not included.

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How OCC's fintech charter initiative angered Republicans

03/14/17

In trying to defend the fintech charter from attacks on the left, Comptroller Thomas Curry wound up frustrating the GOP.

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Citi broadens mobile services for corporate customers

03/14/17

The bank’s clients now have a simpler alternative for logging in to treasury management and other commercial accounts, part an effort by bankers to offer business customers more convenient high-tech services that are still secure.

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