Bankruptcy Blogs

Women in Banking: Fintech Funding and the Rise of Female Regulators

01/07/16

Cathy Bessant pitches her bank to fintech startups; Blythe Masters pitches her fintech startup to banks; skepticism about Sallie Krawcheck's venture.

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Coming and Going Concerns

01/07/16

Peter Declercq and Sonya Van de Graaff joined Morrison & Foerster in London as partners in the law firm’s business restructuring and insolvency practice. They regularly represent hedge funds and other distressed investors. Mr. Declercq’s practice includes representing formal and ad hoc creditor groups in out-of-court restructurings around the world, while Ms.

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Bernie Sanders' Bank Breakup Plan Is Simply Cuckoo

01/07/16

In theory, Sen. Bernie Sanders' plan to use Section 121 of the Dodd-Frank Act to break up the big banks sounds plausible. In practice, it won't ever happen. Here's why.

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Stop Treating Small Banks as If They Caused the Crisis: Bair

01/07/16

Sen. Richard Shelby's bill changing how regulators gauge if a bank is "systemic" would refocus post-crisis policy on institutions that pose the greatest threat.

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Morning Scan: B of A Unit Probed for Tax Trades; Morgan Stanley Succession Plan

01/07/16

Wall Street Journal

Is it a case of He Who Must Not Be Named? No, it's not Voldemort from the Harry Potter series. It's the Structured Equity Finance and Trading group at Bank of America, also known as SEFT. Why has the division been sent to the penalty box? Because regulators have stepped up the pace of investigations into the type of dividend-tax trades made by SEFT. Unnamed sources say regulators are looking into whether the...

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Caesars Entertainment Has Two More Bondholder Suits Going to Trial

01/07/16

A judge ruled that two bondholder lawsuits against Caesars Entertainment Corp. over deals that involve its unit in bankruptcy must go to trial. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Banks Are Finally Turning the Corner on Improving Culture

01/06/16

After enduring a slew of post-crisis scandals, bankers are beginning to see the light on becoming stewards of their organizations.

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What's Really Causing Turnover of New Branch Hires

01/06/16

Subpar mentoring programs for recruits new to the banking industry could be the reason institutions are finding it hard to keep new talent.

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Morning Scan: Clinton Responds to Sanders; 'Good Riddance' to Accounting Rule

01/06/16

Wall Street Journal

Considering JPMorgan Chase's experience with failing to tell its wealthy clients where it was investing their money, perhaps this item is not a surprise. Mutual fund giant Vanguard Group set a record in 2015, reeling in $236 billion from investors. It's the largest annual flow of money to a mutual fund company in history, according to Morningstar. ...

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Grail Semiconductor Files for Chapter 11 Bankruptcy

01/06/16

Invention company Grail Semiconductor Inc. filed for chapter 11 bankruptcy protection more than a decade after accusing a Mitsubishi affiliate of stealing one of its designs. Read the Daily Bankruptcy Review article here.

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