Bankruptcy Blogs

Receiving Wide Coverage ...

Anticipating FOMC Minutes: Observers and markets eagerly await the release Thursday afternoon of the minutes from the Federal Open Market Committee meeting last month. While the meeting resulted in no change in interest rates, many expect details of the conversation to offer clues as to when they may raise rates, the Wall Street Journal reports. In particular, some think the meeting's notes may reveal the decision to keep rates unchanged was a...

Traditional banks avoid the short-term-credit market because its customers demand a level of customer service that is inconsistent with current models of retail banking, the head of a payday lending group writes.

Relationship and people skills certainly remain important, but today's wealth management leaders require far more than those largely sales-oriented abilities.

Robo-advisers have myriad conflicts of interest and fall short of the standard of care under fiduciary investment law. The Labor Department's endorsement of these algorithmic investment guides seems curious and misplaced.