Bankruptcy Blogs

Winsway Seeks Chapter 15 in U.S.

04/08/16

[wsj-responsive-image P="http://si.wsj.net/public/resources/images/BN-NI794_CLIMFI_P_20160331172802.jpg" J="http://si.wsj.net/public/resources/images/BN-NI794_CLIMFI_J_20160331172802.jpg" M="http://si.wsj.net/public/resources/images/BN-NI794_CLIMFI_M_20160331172802.jpg"" credit="Jim Richardson/Corbis" placement="Inline" suppressEnlarge="false" ]

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Bankruptcy Judge Scolds 50 Cent for Courthouse Photo

04/07/16

[wsj-responsive-image P="http://si.wsj.net/public/resources/images/BN-NA045_50inco_P_20160310083949.jpg" J="http://si.wsj.net/public/resources/images/BN-NA045_50inco_J_20160310083949.jpg" M="http://si.wsj.net/public/resources/images/BN-NA045_50inco_M_20160310083949.jpg" caption="Curtis "50 Cent" Jackson arrives at court for a bankruptcy hearing March 9 in Hartford, Conn." credit="Jessica Hill/Associated Press" placement="Inline" suppressEnlarge="false" ]

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Women in Banking: Goldman's Golden Girl; Hollywood Calls Out Wall Street

04/07/16

How an undocumented immigrant rose through the ranks at Goldman Sachs; why one bank embraced a highly unusual strategy (and why you may want to copy it); and what Ally Bank's Diane Morais and Bank of America's Andrea Smith are up to now. Also, a pot (Hollywood) calls out a kettle (Wall Street) for a lack of women in leadership roles, and a high demand for airline pilots could make for more female-friendly skies.

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Fintech Shouldn't Have EZ Pass into Banking

04/07/16

Regulators and lawmakers must exercise healthy caution before granting fintech firms preemptive powers via national bank charters or otherwise.

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How Regulators Can Fight De-Risking

04/07/16

As actions such as Operation Choke Point continue, the government should acknowledge the tension institutions face between serving a community and facing increased regulatory scrutiny.

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Morning Scan: Citi's Bonus Plan Criticized; FOMC Minutes Suggest Caution

04/07/16

Receiving Wide Coverage ... Just Compensation?: Despite announcing planned changes to its executive pay scale, including capping incentive compensation, some corporate advisory firms say Citigroup isn't changing enough. Under CitiÂ's prior plan on performance-based awards, executive could earn more if Citi outperformed its peers, even if absolute shareholder returns were negative. Citi on Wednesday announced an update on that essentially says executives canÂ't earn bonuses if shareholders returns are negative, regardless of how well the bankÂ...

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Radio Giant iHeart Media to Head to Court Over Default Fight

04/07/16

[wsj-responsive-image P="http://art.wsj.net/api/photos/27862810/smartcrop?height=499&width=749" J="http://art.wsj.net/api/photos/27862810/smartcrop?height=639&width=959" M="http://art.wsj.net/api/photos/27862810/smartcrop?height=853&width=1280" caption="IHeartMedia presents Lady Antebellum at the 2014 ANA Masters of Marketing conference in Orlando, Fla." credit="Gerardo Mora/Getty Images for iHeart Media" placement="Inline" suppressEnlarge="false" ]

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Further debate about debt collection reform and credit availability

04/06/16

The Center for Responsible Lending has produced a nice, new empirical paper reflecting on and refuting the notion that certain debt collection reforms restrict the flow of consumer credit. The analysis is careful and impressive, and the natural laboratory experiment they found is fun and intriguing.

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Apollo’s Marc Rowan Resigns From Caesars Board

04/06/16

[wsj-responsive-image P="http://si.wsj.net/public/resources/images/BN-NI785_caesar_P_20160331171300.jpg" J="http://si.wsj.net/public/resources/images/BN-NI785_caesar_J_20160331171300.jpg" M="http://si.wsj.net/public/resources/images/BN-NI785_caesar_M_20160331171300.jpg" caption="The Caesars Palace hotel-casino in Las Vegas" credit="Jae C. Hong/Associated Press" placement="Inline" suppressEnlarge="false" ]

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Panama Papers Force Reality Check for Banks

04/06/16

If you're ever wondered about the scope of risks facing your financial institution from "insiders" potentially involved in shell company dealings, the Panama Papers provide some insight.

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