Bankruptcy Blogs

Morning Scan: GE Wants to Drop SIFI Label; Bitcoin Founder Reveal?

04/01/16

Receiving Wide Coverage ...

MetLife's Floodgates: The day after a federal judge sided with MetLife in its case against federal regulators regarding their designating the insurer as systemically important, another non-bank has filed to end regulatory oversight. General Electric wants to do away with Federal Reserve oversight, arguing it has scaled down its financial-services arm to the point where it no longer could pose a threat to the overall financial system. If GE's request is approved,...

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Chaparral Energy Warns of Chapter 11

04/01/16
Andrey Rudakov/Bloomberg

Chaparral Energy Inc. said it may have to file for chapter 11 bankruptcy as commodity prices for the oil and gas producer keep falling.

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Regulators Should Cheer Faster Payments Effort from Sidelines

03/31/16

To help make instant payments a reality, regulators here and abroad should encourage multiple approaches, thus avoiding the temptation to mandate a single solution.

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Women in Banking: Ex-Lehman CFO on Gender Questions; More Paid Time Off

03/31/16

Did Lehman Brothers pick Erin Callan Montella for CFO at a desperate hour so that she could be the one to fall on the sword? Kelly Evans of "Closing Bell" suggests so. Are women focusing too much on performance? Carla Harris offers a more effective alternative. Also, Bank of America gives new parents more time off and an activist investor demands gender pay equality.

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Caesars Investigation Bills Top $40 Million, Continue Climbing

03/31/16
Caesars Palace Hotel and Casino in Las Vegas. The cost of the Caesars Entertainment Operating Co.
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Future of Checking Is About More than Killing Overdraft

03/31/16

Regulators are right to target overdraft and other fees as obstacles to banks offering affordable checking account options, but thatÂ's just the beginning in developing transactional products that work for consumers.

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Morning Scan: MetLife Wins SIFI Case; Fintech Means Job Cuts

03/31/16

Receiving Wide Coverage ...

Not 'Important': MetLife, the country's largest life insurer, has scored a significant victory in court, winning its battle with regulators over its designation as a systemically important financial institution (SIFI). U.S. District Judge Rosemary Collyer said in her decision that she sided fully with MetLife on two counts and partially on a third. MetLife argued federal regulators assigned the label in an "arbitrary and capricious" manner using a problematic process. In the...

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Bankruptcy Judge Approves Molycorp’s Chapter 11 Plan

03/31/16
A front-end loader is used to move material inside the open pit at Molycorp’s Mountain Pass Rare Earth facility in Mountain Pass, Calif.
David Becker/Reuters
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Thoughts on MetLife

03/30/16

Over at Dealb%k.

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