Bankruptcy Blogs

Top Republican demands Fed stop participating in Basel, FSB

02/02/17

A top House Republican is calling on the Federal Reserve to cease its participation in international standards-setting forums until after President Trump has installed his own leadership in the central bank.

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Investors’ victory in GSE case may be turning point against Treasury

02/02/17

A federal appeals court ruling has opened the door for litigants to challenge a 2012 decision by the U.S. government to sweep all of Fannie Mae and Freddie Mac's profits into the coffers of the Treasury Department.

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How patience paid off for this bank buyer

02/02/17

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

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Women chair U.S. trade groups; Canada grooming female CEOs

02/02/17

Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more.

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Millennials aren't the mystery they're made out to be

02/02/17

They are not a number to be pushed through an algorithm. They are people, each with unique goals and stories.

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United Fidelity in Indiana buys Bank of St. Croix

02/02/17

United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida.

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Two big investors to sell shares in First Bancorp in Puerto Rico

02/02/17

Oaktree and Thomas H. Lee will still have large positions in the company after the planned sales.

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Feds need means to deal with next AIG

02/02/17

A movement is afoot to eliminate the Federal Insurance Office, which was established by the Dodd-Frank Act, but here’s why that would be a mistake.

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Patriot National in Conn. names its next president

02/02/17

Richard Muskus Jr., who joined Patriot in 1995, previously served as the company's chief lending officer.

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Sofi expands deeper into banking; CFPB fines RushCard

02/02/17

Social Finance continues to expand outside student loans, buying Zenbanx, a digital bank and money transfer startup; prepaid card provider fined $13 million over 2015 system outage.

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