Bankruptcy Blogs

Lower borrowing costs for the biggest institutions based on perceived government support encourage these institutions to grow larger and more systemically important. This dynamic also puts community banks at a competitive disadvantage.

People tend to remain loyal to bankers and banks they know, like and trust. Whether or not we fit that description is entirely up to us.

Detroit’s bankruptcy judge has proposed to hold a trial in October for the city’s retirees and bondholders to argue that Michigan law blocks the city from using the power of bankruptcy to cut more than $18 billion in debt. Read the Daily Bankruptcy Review article here.

Receiving Wide Coverage ...

JPM, FERC Update: Very shortly after yesterday's Scan, JPMorgan Chase, as predicted, formally settled with the Federal Energy Regulatory Commission over energy market manipulation allegations. Kudos to the Journal for nailing the amount of the fine associated with the widely anticipated settlement in an earlier report on the matter: $410 million. Dealbreaker, however, gets the credit for best explanation of the settlement agreement. A choice quote from the blog post by Matt...

Lending margins on commercial and industrial loans are thin and getting thinner. To keep them profitable, community bankers must make sure to maximize other opportunities with customers and minimize costs.