Bankruptcy Blogs

Familiar Faces in Coal Bankruptcies

01/14/16
A Wyoming mine owned by St.
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Four Ways to Save the Dying Bank Branch

01/14/16

The physical branch network is not dead, but to ensure its viability banks need to get serious about trimming it down and combining branches with digital channels.

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Morning Scan: Earnings Meet Pessimism; MetLife a Primer for Banks?

01/14/16

Breaking News This Morning ...

Earnings: JPMorgan Chase Receiving Wide Coverage ...

Earnings Season Begins: As banks head into earnings season, an air of investor pessimism pervades. Banks' shares have fallen more than 5% recently and the KBW Nasdaq Bank index is down almost 20% from its most recent peak, according to the Wall Street Journal. Weak capital markets are likely to have hampered fixed income, currency and commodity returns. And the December rate increase courtesy of the...

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Judge Rules NYC Taxi King Illegally Transferred Real Estate

01/14/16

New York City taxi king Evgeny “Gene” Freidman illegally transferred more than $60 million worth of real estate into offshore accounts so ex-lender Citibank NA wouldn’t be able to access it, a judge ruled. The Wall Street Journal has the Daily Bankruptcy Review article here.

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2016 Bankruptcy Forecast -- Let's Say 780,000

01/13/16

Forecasting U.S. bankruptcy filings for this year was a little more complicated. In a comment to my post about the total 2015 bankruptcy filings, Erich Fabricius made the astute observation that December 2016 saw the introduction of new bankruptcy forms and that could explain my befuddlement at the abnormally large 14.8% decline for December in terms of year-over-year daily filing rates.

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Don't Ignore Your Customers' Own Surging Liquidity

01/13/16

The opportunity for banks from the dramatic growth in deposits goes beyond just funding loans.

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Judge in ‘Duck Dynasty’ Dispute Balks at Stereotyping

01/13/16
Duck Commander Family Foods and Chinook USA

A Kentucky company that brewed “Duck Dynasty”-themed ice tea and blamed the reality show’s star

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It's Geek to Me: Fintech's Jargon Problem

01/13/16

As fintech pitches itself as the future of consumer financial services to bankers, regulators, legislative staffers and journalists, it's not enough to claim that innovations are better. We nontechies want an explanation why, in layman's terms.

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Morning Scan: SIFI Designation Scares Insurers; Obama Addresses Wall Street

01/13/16

Receiving Wide Coverage ...

State of the Union Addresses Wall Street: While not the main thrust of President Barack Obama's last State of the Union address, Wall Street was discussed over the course of the evening. In a line that garnered a round of applause, Obama said certain regulations and red tape needed to be cut for the private sector's benefit. But shortly thereafter he called for greater regulation of certain companies – including banks –...

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Arch Coal Bankruptcy Has Citizens Groups Worried About Cleanup

01/13/16

Arch Coal Inc.’s bankruptcy filing has some citizens groups are worried about its ability to clean up pollution at its Wyoming mines, Daily Bankruptcy Review reports via The Wall Street Journal.

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