Bankruptcy Blogs

Will real-time payments become real in 2017?

02/01/17

Several groups are developing real-time payments systems for the U.S., and most everyone agrees success is inevitable, but how quickly they can make enough progress to satisfy consumers is a point of contention.

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BBVA Compass reports balanced quarterly growth, reduced energy book

02/01/17

The company continued to reduce its exposure to energy loans during the fourth quarter.

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How about a cannabis banking charter?

02/01/17

Cannabis could become a national $100 billion industry within 10 to 15 years. The U.S. has a choice: responsibly regulate cannabis or allow cannabis to become a narco-state unto itself.

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SoFi-Zenbanx deal accelerates fintech convergence trend

02/01/17

The acquisition should allow the San Francisco-based online lender to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers.

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Did Gorsuch Expand Bankruptcy Court Referral Power?

02/01/17
Newly minted Supreme Court nominee Neil Gorsuch sat on the Tenth Circuit for ten years.  During that time, he signed on to eleven opinions regarding bankruptcy, which means that he wrote about bankruptcy around once a year.    None of his opinions are particularly well-known.  (In contrast, fellow finalist Thomas Hardiman authored the opinion in Official Committee of Unsecured Creditors vs. CIT Group/Business Credit, Inc. (In re Jevic Holding Corp.), 787 F.3d 173 (3rd Cir.
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Mnuchin nom clears Senate panel without Dems present

02/01/17

The Senate Finance Committee approved the nomination of Treasury Secretary-designate Steven Mnuchin 14-0 on Wednesday after changing the rules to allow Republicans to vote without any Democrats present.

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Pushy sales won't work. Building a rapport will

02/01/17

So-called branch experts may recommend aggressive sales techniques, but the most successful sales teams talk the least about the bank’s products and services.

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Bay Banks hires veteran lender for key regional post

02/01/17

Gary Armstrong, former Richmond, Va., market president for Park Sterling will have a similar role at Bay Banks.

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Banks beef up security; Democrats boycott cabinet votes

02/01/17

Banks are checking vendors' security practices; Mnuchin appointment to Treasury put on hold as Democrats stall.

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