Bankruptcy Blogs

Breaking Banks: Insights from Digital Money Forum at CES

01/27/17

How can AI help consumers spend and save wisely? If friction should be added back into the system, can we put it where it is useful, not frustrating?

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The CFPB overdraft lawsuit isn’t TCF’s only problem

01/27/17

TCF Financial executives are considering pulling back from selling auto loans, following a sharp decline in gains during the fourth quarter.

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The data access debate is about to get a lot more interesting

01/27/17

The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.

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Why this bank is struggling to crack the Boston market

01/27/17

Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.

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What's Wrong with the Bankruptcy Courts?

01/27/17

The Judiciary Data and Analysis Office of the Administrative Office of the US Courts has launched a new feature called "Just the Facts," highlighting statistical trends in the US judiciary. Table 2 and Chart 3 of the inaugural report reflect a curious spike in the appellate reversal rate in bankruptcy cases in 2015.

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Will OCC charter make fintechs too big to fail?

01/27/17

Critics fear a large player obtaining a charter could quickly be seen as systemically important to the economy, while supporters argue there will be safeguards in place.

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Regulators hit BB&T over anti-laundering deficiencies

01/27/17

Federal and state regulators on Friday announced that BB&T has agreed to a consent order over weaknesses in its Bank Secrecy Act and anti-money-laundering program.

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‘Trump bump’ will do nothing for the risk-averse

01/27/17

While bankers feel more positive about the environment since the election, taking advantage of the new environment is what’s really important.

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TCF profits fall on credit costs, lackluster fee income

01/27/17

Declines in deposit-service charges and in gains on the sale of auto loans drove down 4Q earnings.

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One-off data-sharing deals aren't enough

01/27/17

Big banks increasingly are developing application programming interfaces to make their customers’ data available to third parties. But discrete deals between banks and third parties would be a bad outcome for consumers and the industry as a whole.

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