ABI Blog Exchange

Bank of America's trading staff can work remotely only two days a month

American Express and its rivals are stocking up on tech talent

Wells Fargo is in talks with CFPB to settle multiple inquiries

Hiding Income: The Bankruptcy Marriage Penalty

There is a marriage penalty in bankruptcy law. Unmarried couples receive favored treatment, especially on the six-month income calculation called the Means Test. A married debtor who lives with his or her spouse must list all gross income of their

Ex-Deutsche Bank trader asks top court to quash spoofing conviction

Understanding Pandemic Supply Chains

Supply chain disruption was exacerbated by the pandemic, and due to the ongoing conflict in Ukraine problems continue to impact UK businesses. Unfortunately there is no sign of disruptions abating in the short term. In a recent webinar Sarah Rathke

ABCs: Judicial Supervision v. Availability of Courts to Resolve Disputes

By: Donald L Swanson For some reason, there is a fascination out there (not sure where, exactly) with having every assignment for benefit of creditors (“ABC”) supervised by a court from the get-go. This fascination suggests that every ABC effort

India's central bank starts pilot digital currency program

Credit Suisse top wealth executive leaving firm

October 2022 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for October 2022. New Ponzi schemes and lots of prison sentences dominated the Ponzi scheme news this month. There were at least 7 new schemes reported worldwide and 101 years

Custodia ruling leaves Fed with no good options

Customers Bank to pay $58 million to Kabbage in PPP settlement

The Standard for Dismissal of an individual’s Chapter 7 case based on the Debtor’s pre-petition bad faith behavior.

Fox Rothchild has published an article regarding the standard for dismissal of an individual’s Chapter 7 case based on the Debtor’s pre-petition bad faith behavior. The article can be viewed at https://www.jdsupra.com/legalnews/is-prepetition-bad

Top banking news this month: October 2022

New Jersey's largest credit union promotes CFO to CEO

5 tech trends helping the unbanked access financial services

American Express joins firms posting salary ranges for all U.S. job listings

CFPB seeks more public input on Big Tech payment platforms

Credit Suisse hires 20 banks for $4 billion capital increase

Tether bank-fraud probe gets fresh look by Justice Department