News Topic: Bankruptcy Blogs

The lobbying group wants David Perdue to keep his seat on the Senate Banking Committee; the recent 90% jump is being driven by “passionate individuals and return-starved hedge funds.” ... Read full article

The flow of assets and capital in manager selection, municipal bonds and business and mortgage capital reveals forms of systemic racism that often get overlooked. ... Read full article

This could be the final opportunity for Congress to extend a pair of key measures for credit unions that took effect earlier this year. ... Read full article

The flow of assets and capital in manager selection, municipal bonds and business and mortgage capital reveals forms of systemic racism that often get overlooked. ... Read full article

Thousands of institutions could lose a safety net on New Year's Day if Congress fails to act before leaving for the holidays. ... Read full article

It's not every day that I write a letter in opposition to the issuance of a bank charter. But that's what I just did. Here is my comment letter to the Office of the Comptroller of the Currency   in opposition to the charter application for ... Read full article

I'm usually fussing about bank regulation issues here on the Slips, but I do try to make time for my first love, business bankruptcy. Ted Janger and I have a short piece about restructuring support agreements out in the Yale Law Journal's ... Read full article

Banking trade organizations are usually cautious about making endorsements. But with Democrats winning the White House and control of Congress on the line in the two races, some groups are pouring in cash for the GOP candidates. ... Read full article

Jonathan Lipson and Gerald Posner have an important op-ed about the Purdue bankruptcy in the NYT and how the DOJ settlement with Purdue is likely to benefit the Sacklers. What's going on in Purdue is troubling, but not just for its own facts. Purdue ... Read full article

The Consumer Financial Protection Bureau alleges that the online lender made loans that exceeded a federal cap on interest rates for active-duty service members. ... Read full article

The Washington, D.C.-based institution could see its membership grow by as much as 72% now that federal regulators have approved the move. ... Read full article

The company aims to help borrowers apply for home loans in as little as 15 minutes by automating immediate validation of bank information used in qualification. ... Read full article

Adolfo Marzol came to the agency after a stint at HUD and a 30-year career in the mortgage industry. He will depart on Dec. 18. ... Read full article

What PNC has in mind for BBVA's technology; banks and borrowers bristle at SBA questionnaire on large PPP loans; a look at who might be buying if HSBC decides to sell its branches; and more from this week's most-read stories. ... Read full article

The incoming Biden administration must take steps to block mergers that could create monopolies, such as Visa's pending acquisition of a competitor. ... Read full article

The company is looking to shutter 10 of its 63 branches over coming months, reflecting a shift in customer preferences. ... Read full article

The Waterbury, Conn., parent company of Webster Bank joins a fast-expanding list of banks reducing the size of their branch networks to save money and focus on digital capabilities. ... Read full article

The payments processor will offer banking products to its customers through Goldman Sachs and Citigroup; but Judy Shelton’s nomination remains in doubt. ... Read full article