Bankruptcy Blogs

Goldman’s Sheila Patel, chairman of $1.8 trillion manager, to retire

12/28/20

Patel is among Goldman Sachs's most senior women and shepherded some of its highest-profile relationships with investors around the world.

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Fed won praise for 2020 crisis response, but will its hands be tied in '21?

12/28/20

The Federal Reserve is credited with containing damage to the financial system from the coronavirus pandemic, but experts say the limits of the central bank’s power to prop up the economy will likely become more apparent in the new year.

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OCC again overreaches on preemption law

12/28/20

Brian Brooks, the acting comptroller of the currency, used a selective (and dubious) interpretation of the Dodd-Frank Act to argue for more say on when banks can preempt state law.

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Access Denied: The financial media

12/28/20

Just like the industries that they cover, the lack of Black representation among news outlets acts as a barrier against understanding and eliminating systemic racism.

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Access Denied: The financial media

12/28/20

Just like the industries that they cover, the lack of Black representation among news outlets acts as a barrier against understanding and eliminating systemic racism.

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Coronavirus may have permanently changed face-to-face member service

12/28/20

Many consumers started using digital payments out of necessity once the pandemic struck. They may continue as it recedes because they like the convenience.

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No holiday off as banks, payment networks clean up after SolarWinds hack

12/28/20

With Microsoft, Equifax and others acknowledging that the SolarWinds hack of U.S. government entities had affected their holdings, security teams and vendors have put the holiday aside while continuing around-the-clock surveillance to ensure no financial services or payments networks have been hacked.

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2020 in review, from COVID upheaval to the taxi medallion mess

12/28/20

A look back at a year in which little went according to plan for credit unions.

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Pandemic response, CRA overhaul, election: The year in banking policy

12/27/20

In 2020, the news in Washington was dominated by the regulatory impact of COVID-19 and presidential politics. There was also a new rule changing how national banks will be examined under the Community Reinvestment Act, and the 10th anniversary of Dodd-Frank. Here is a look back at stories from the past year.

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Southern California Bancorp adding branches after raising $42 million

12/24/20

The company is also looking to hire more senior lenders as it expands in markets around Los Angeles and San Diego.

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