Bankruptcy Blogs

The U.S. office property market has become a model of a disciplined, well-functioning real estate market since listed equity real estate investment trusts changed the calculus driving new construction.

Receiving Wide Coverage ...

Au Revoir BNP COO: The chief operating officer of BNP Paribas, Georges Chodron de Courcel, is stepping down as the French lender negotiates with U.S. authorities over a settlement for allegedly violating sanctions. BNP made no mention of the investigation in announcing the departure of the 64-year-old Courcel. But New York Department of Financial Services head Benjamin Lawsky had called for his departure as part of the settlement along with that of...

Many of the complex and costly regulations implemented under the Dodd-Frank Act are unnecessary and burdensome for community banks. A two-tiered regulation system is the clear solution.

Receiving Wide Coverage ...

BofA Settlement Deadlock: Negotiations between Bank of America and the Justice Department have stalled as the parties attempt to settle a lawsuit over mortgage-backed securities sold by Merrill Lynch, which B of A acquired during the financial crisis, according to the New York Times. The usual anonymice told the paper the Justice Department wants the Charlotte, N.C.-based bank to pay roughly $17 billion to resolve the lawsuit over securities that later soured....

I note two of the more brazen attempts to undermine Dodd-Frank's FSOC, over at Dealb%k.