Bankruptcy Blogs

Regulators Gang up on Banks, Third-Party Payment Processors

08/22/13

State and federal regulators appear to be orchestrating a series of actions to force financial institutions and third-party payment processors to stop doing business with certain online consumer installment lenders.

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Talk of Ticker Symbols Shows How Far Bitcoin Has Come

08/22/13

Recognition by a market-based standards organization such as ISO, in the form of a three-letter code, would set the stage for increasing market depth and liquidity of bitcoin trading – in turn facilitating overall consumer and merchant adoption.

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Underbanked? More Like Underwhelmed

08/22/13

The very customer banks should be looking to for future loan and deposit growth receives more solicitations from AT&T or Sprint than she receives from her own bank.

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The Daily Docket: Appellate Panel Sides With Patriot in Benefits Fight

08/22/13
Associated Press
UMWA International President Cecil Roberts (left) holds had with supporters.
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Wells to Cut More Mortgage Jobs; Fed to Appeal Swipe Fee Ruling; SEC to Propose CEO Pay Rule

08/22/13

Receiving Wide Coverage ...

More Mortgage Job Cuts: Wells Fargo says it plans to cut 2,300 mortgage-related jobs nationwide. The FT calls the cuts, which are the third and largest wave of mortgage-related layoffs Wells has announced this year, "part of a renewed push by John Stumpf, chief executive, to cut Wells' overall costs to help offset lower mortgage lending and falling profit margins." The Journal suggests the news is ominous. "The job cuts highlight the...

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Tax Reform Proposal Backs Credit Unions into a Corner

08/22/13

By advocating for their outdated tax exemption, credit union lobbyists are advocating for a tax increase on every business in America.

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Our Best Tips For Filing For Bankruptcy Without Your Spouse

08/22/13

Filing For Bankruptcy Without Your Spouse

If you’re thinking of filing for bankruptcy without your spouse, follow these steps to avoid pitfalls.

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Bartlett Joins Treliant Risk Advisors

08/21/13

Steve Bartlett is joining Treliant Risk Advisors early next month. It'll be a part-time gig, but the former Financial Services Roundtable CEO plans to make Treliant his home base for the range of consulting work he's picked up since leaving the Roundtable late last year.

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B of A-Intern Stories Show Just How Far Banks Have Sunk

08/21/13

Things are bad, very bad, for the large banks when the Atlantic magazine runs this headline: "Did Bank of America's Long Hours Kill a Summer Intern?"

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Banks Get a C+ in Postcrisis Risk Management

08/21/13

Banks have made an effort to address the many deficiencies in risk management that surfaced during the crisis, but their execution has been lackluster. They should have accomplished more in five years.

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