News

Today's News

January 23, 2019 - 68 new headlines

Money Stuff: Running a Hedge Fund Isn't All Bad - Bloomberg

01/23/2019 Money Stuff: Running a Hedge Fund Isn't All Bad  BloombergHere's some career advice from billionaire hedge fund manager John Paulson: He said he opted for a career betting on mergers rather than advising on them [more]
Tags: Cases of Interest, News

Running a Hedge Fund Isn’t All Bad - Bloomberg

01/23/2019 Running a Hedge Fund Isn’t All Bad  BloombergAlso the shutdown, Robinhood, Bono, index funds, BBB bonds and typos. [more]
Tags: Cases of Interest, News

Bankruptcy Group Of The Year: Kirkland - Law360

01/23/2019 Bankruptcy Group Of The Year: Kirkland  Law360Kirkland & Ellis LLP's restructuring group shepherded a handful of blockbuster cases all over the world through the bankruptcy process last year, including [more]
Tags: Cases of Interest, News

Form 424B2 JPMORGAN CHASE & CO - StreetInsider.com

01/23/2019 Form 424B2 JPMORGAN CHASE & CO  StreetInsider.comNews and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. [more]
Tags: Filings, News

Robinson+Cole adds National Bankruptcy Team in Wilmington - Delaware Business Times

01/23/2019 Robinson+Cole adds National Bankruptcy Team in Wilmington  Delaware Business TimesRobinson+Cole has announced expansion of its bankruptcy capabilities with the addition of five lawyers, including three partners, and the opening of new [more]
Tags: Lawsuits, News

Director Bryan Singer Hit With 4 New Sexual-Assault Allegations - The Cut

01/23/2019 Director Bryan Singer Hit With 4 New Sexual-Assault Allegations  The CutDirector Bryan Singer has been accused of sexual assault by four new victims, who allege they were minors at the time of their abuse. [more]
Tags: Cases of Interest, News

The Homestead Restaurant files for liquidation in bankruptcy court - Jacksonville Daily Record

01/23/2019 The Homestead Restaurant files for liquidation in bankruptcy court  Jacksonville Daily RecordThe Homestead Restaurant LLC, the Jacksonville Beach restaurant that closed last year after six months in business, filed a petition for a Chapter 7 liquidation in [more]
Tags: Cases of Interest, News

Gymboree Group files for bankruptcy for second time | Apparel Industry News - just-style.com

01/23/2019 Gymboree Group files for bankruptcy for second time | Apparel Industry News  just-style.comUS children's apparel retailer Gymboree Group has officially filed for voluntary Chapter 11 bankruptcy protection for the second time. related to Finance, Retail, [more]
Tags: 363 Sales, News

Davis-Besse strikes deal to continue operations - Toledo Blade

01/23/2019 Davis-Besse strikes deal to continue operations  Toledo BladeAKRON — FirstEnergy Solutions Corp. said today it has struck a tentative deal with its creditors to keep its Davis-Besse nuclear power plant and its other [more]
Tags: News, Reorganizations

PG&E, NextEra face off in bankruptcy-related FERC filings - Utility Dive

01/23/2019 PG&E, NextEra face off in bankruptcy-related FERC filings  Utility DivePacific Gas & Electric (PG&E) hasn't even filed for bankruptcy protection yet, and already the Chapter 11 proceeding is shaping up to be a long and complicated [more]
Tags: News, Reorganizations

Blogs

BankUnited unloads nearly all of its remaining taxi loans

01/23/2019 The Florida bank sold $344 million of taxi-medallion and other loans in the fourth quarter, saying it was positioning itself for the future. [more]
Tags: Bankruptcy Blogs, BankThink, BankUnited, Earnings, FDIC, Loan-loss provisions, M&A

House banking's top Republican calls for hearing on Brexit impact

01/23/2019 Rep. Patrick McHenry, R-N.C., the ranking member of the House Financial Services Committee, urged Chairwoman Maxine Waters, D-Calif., to prioritize certain "critical areas" in the new Congress. [more]
Tags: AML, Bankruptcy Blogs, BankThink, Brexit, CECL, Cyber security, Fintech regulations, GSE reform, House Financial Services Committee, Maxine Waters, Patrick McHenry

Commercial, consumer lending drive Zions' 4Q profits

01/23/2019 Double-digit gains in net interest income more than offset sluggish growth in fee income at the Salt Lake City company. [more]
Tags: Bankruptcy Blogs, BankThink, Commercial lending, Consumer lending, Earnings, Zions Bancorp

Startup Anchorage invades cryptocustody turf coveted by banks

01/23/2019 The company protects digital assets with hardware-based security, biometrics and quorums. Hedge funds are already signing on. [more]
Tags: Bankruptcy Blogs, BankThink, bitcoin, Cryptocurrencies, Custody banks, Custody Services, Cyber security, Device security, Disruptors, Fintech, Hedge Funds, Institutional investors

Fed said to probe Deutsche Bank over suspicious Danske cash

01/23/2019 The Federal Reserve is examining how Deutsche Bank handled billions of dollars in suspicious transactions from Denmark's leading lender, according to people familiar with the matter, further intensifying what could be one of the biggest money-laundering scandals ever. [more]
Tags: Bankruptcy Blogs, BankThink, Deutsche Bank, Federal Reserve, Money laundering

Time for CFPB to move forward on small-business lending

01/23/2019 With a permanent director confirmed, the agency should take steps to establish a small-business data collection rule mandated by the Dodd-Frank Act. [more]
Tags: Bankruptcy Blogs, BankThink, CFPB, Diversity and equality, Dodd-Frank, Kathy Kraninger, small business, Small business lending

Big U.S. banks are letting stress tests make decisions for them

01/23/2019 Seventy-eight percent of global banks now use regulatory stress tests to assess concentrations and set limits internally, according to a Deloitte survey to be released Wednesday. That's up from 67% in 2012. Eighty-seven percent of respondents said they use capital stress tests for strategy and [more]
Tags: Bankruptcy Blogs, BankThink, Deloitte, Risk management, stress tests

EU fines Mastercard; Why climate change worries BofA

01/23/2019 The bloc said the company artificially raised interchange fees in Europe; weather changes that increase flood risks may mean defaults on mortgages. [more]
Tags: Bankruptcy Blogs, BankThink, Career moves, Morning scan, Natural disasters, Penalties and fines, Robo advisors, Underwriting

Loan growth, Charter deal bboost to CenterState's profit

01/22/2019 The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production. [more]
Tags: Bankruptcy Blogs, BankThink, Commercial banking, Community banking, Earnings, florida

Consumer, commercial loan growth drive Capital One's 4Q profits

01/22/2019 The McLean, Va., company also reported a decline in charge-offs on credit card loans. [more]
Tags: , Bankruptcy Blogs, BankThink, Capital One, Commercial lending, Consumer banking, Consumer lending, credit cards, Earnings