Bankruptcy Blogs

Killing the Durbin Amendment Is a Horrible Idea

07/14/16

Congress should abandon the idea of repealing a section of the Dodd-Frank Act that has helped make pricing for payment processing more competitive.

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Morning Scan: JPM Earnings Outpace Expectations

07/14/16

Breaking News This Morning ...

Earnings kickoff: JPMorgan Chase surprised investors with fairly strong second-quarter results Thursday morning. The company posted a profit of $6.2 billion and managed revenue of $25.21 billion, beating analyst projections. Trading revenue surged 23% to $5.56 billion. The Financial Times published a rundown of issues to watch – including any executive comments about the Brexit – as banks roll out their earnings this month. Meanwhile, the Journal will be live-blogging details...

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Facebook 'Likes,' Twitter Followers Won't Buy You Customers

07/13/16

Social media may be the soup de jour of bank marketing, but its value as a business acquisition tool may be greatly exaggerated unless banks fine-tune their strategies.

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Upside of KYC: Winning Over More Millennials

07/13/16

The rules, meant to deter crimes like money laundering, offer banks and others a rare chance to gather valuable information that helps create personalized experiences millennials want.

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Morning Scan: SoFi Mulls Utah Bank Charter

07/13/16

Receiving Wide Coverage ...

Future of banking: In fintech, as in life, it all comes full circle. While banks are rushing to disrupt themselves through new offerings and partnerships with Silicon Valley, the startups are beginning to look more like banks. The Wall Street Journal published a lengthy profile Tuesday of online lender Social Finance, which has made $10 billion in loans, including student loans, since 2011. The company has reportedly been in discussions with Utah...

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Banks Must Not Let Up in Fight for Regulatory Balance

07/12/16

As policymakers try to calibrate the appropriate level of regulatory oversight still six years after Dodd-Frank, financial institutions large and small must stay engaged in key policy debates.

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There Are No Universal Truths in Marketplace Lending

07/12/16

Attempting to impose the fundamental laws of a particular lending universe on another will lead to an eventual collapse of a particular firm or industry segment.

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Morning Scan: Wall Street Braces for Q2 Earnings Reports

07/12/16

Receiving Wide Coverage ...

Headache du jour: This earnings season is all about lowering expectations. When JPMorgan kicks off the process on Thursday, the "big question" isn't about whether firms will meet or exceed projections. Instead, second-quarter results will help determine "whether bank stocks will be dead in the water for another year or two," according to the Wall Street Journal. ...

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Valuing Assets in Chapter 13

07/12/16

While many people only see the glamorous, large Chapter 11 cases filed in the Delaware Bankruptcy Court, the Court still handles individual bankruptcies – treating them with just as much respect as any other case.  On July 8, 2016, the chief bankruptcy judge, Brendan L. Shannon, issued an opinion valuing the mobile home of Ms.

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Don't Use Risk Management as an Excuse to Stop Innovating

07/11/16

Banks frequently blame "the rules" in shunning partnerships with fintech startups. However, compliance can be a positive force, not something that inhibits growth.

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