Bankruptcy Blogs

Oil Woes Hit Texas Hotels

07/09/15
An oil well is viewed near a construction site in February in Midland, Texas. 
Spencer Platt/Getty Images

Oil and gas drillers and the companies that serve them aren’t the only

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Go Beyond Disclosures to Stanch Conflicts of Interest

07/09/15

Requiring brokers to come clean with customers about conflicts of interest sounds like an easy way to address biases. But disclosures are only effective if recipients understand how the conflict has influenced the advisor and have a way to correct that influence.

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Morning Scan: Barclays' McFarlane Plans Long Ride; Fifth Third's New Chief

07/09/15

Receiving Wide Coverage. ...

More on Jenkins' Ouster: The Journal has an article, based on interviews with anonymice, that paints a very negative portrait of ex-Barclays CEO Antony Jenkins. For one, Jenkins liked to tell people he had a "warm working relationship" with Barclays Chairman John McFarlane, who this week fired Jenkins and named himself the interim CEO. McFarlane was apparently miffed that it was taking so long for Jenkins to fix Barclays' myriad problems and...

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Energy Future Wins Round Two With Bondholders

07/09/15

Energy Future Holdings Corp. has won round two in a fight with bondholders demanding some $431 million worth of premiums on billions of dollars in debt. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Chapter 9 and Puerto Rico

07/08/15

As Melissa has noted, the First Circuit has found that the Commonwealth's attempt to solve its own problem runs afoul of Congress' "intent" to leave Puerto Rico without a municipal bankruptcy system.

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The Tech Outages Heard Round the Industry

07/08/15

As technological problems forced the New York Stock Exchange to grind to a halt Wednesday, financial services insiders and observers weighed in on the vulnerabilities of increasingly electronic financial systems.

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Moment by Moment: How a Day of Outages Played Out

07/08/15

As technological problems forced the New York Stock Exchange to grind to a halt Wednesday, financial services insiders and observers weighed in on the vulnerabilities of increasingly electronic financial systems.

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Video Divides Twin Cities Archdiocese, Abuse Victims

07/08/15
This Cathedral of St. Paul in St. Paul, Minn. is shown Jan. 16, the day the Roman Catholic Archdiocese of St.
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Reports of Banking's Death Are Greatly Exaggerated

07/08/15

While some predict that fintech startups will soon overthrow banks, a boom in partnerships between the two industries is far more likely. Startups will benefit from access to new markets and infrastructure, while banks will stay on the cutting edge of innovation.

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Trade Finance Can Burnish Banks' Reputation

07/08/15

Trade finance has been quietly making a significant contribution to global growth. But regulations like Basel III could reduce its availability.

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