Bankruptcy Blogs

Chase reaches deal on passwords; Mnuchin on bank regulation

01/25/17

Bank customers will be able to check information on Mint, TurboTax and QuickBooks without sharing their JPM passwords; Treasury secretary nominee says regulation should account for bank "complexity and activity"

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U.S. robo adviser market opens up to foreign competition

01/25/17

Wealthsimple is backed by the same investor, Power Financial, that last year injected $75 million into Personal Capital.

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Insurer Allowed to Recoup Premiums Against Insurance Claims

01/24/17

In the recent decision of Miller v. Zurich American Ins. Co. (In re WL Homes LLC, et al.), Adv. No. 11-50839 (BLS) (Bankr. Del. Jan. 10, 2017), the Delaware Bankruptcy Court addressed the affirmative defense of recoupment asserted by an insurer in defense of an adversary proceeding seeking the return of insurance premium overpayments.

Background

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Capital One profits fall 14% on higher credit costs, less fee income

01/24/17

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.

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Strong loan growth propels profits at Trustmark in Miss.

01/24/17

Increases in commercial real estate, C&I and municipal and state loans boosted fourth-quarter profit at the $13 billion-asset Trustmark.

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Discover’s profit jumps 13% jump on surge in consumer lending

01/24/17

Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans.

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Investors Bancorp, Bank of Princeton call off planned merger

01/24/17

The deal had been delayed since Investors had been hit with a BSA-related regulatory order.

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Judge sides with NCUA in member business lending dispute

01/24/17

The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.

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Auto finance (finally) shifts into the digital age

01/24/17

A deal between Ford Motor Credit and a San Francisco-based startup will give car buyers the option of customizing their own loan terms.

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