ABI Blog Exchange

Put a former state bank supervisor on the FDIC board

New Chapter 11 Filing – Vesta Holdings, LLC

On October 30, 2022, wealth advisory, risk management services and insurance brokerage services provider Vesta Holdings LLC of Mongomeryville, PA filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the

New Chapter 11 Filing – Vesta Holdings, LLC

On October 30, 2022, wealth advisory, risk management services and insurance brokerage services provider Vesta Holdings LLC of Mongomeryville, PA filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the

Adyen adds small-business credit to take share from banks, fintechs

N.D. Texas court finds Household size for purposes of means test should be economic unit approach

In a detailed opinion from Judge Larson in the Bankruptcy Court for the Northern District of Texas the court found that in determining household size for purposes of a chapter 13 case, the appropriate test is the economic unit approach. In re Poole

Convicted ex-UBS trader Tom Hayes has U.S. Libor-fixing indictment dismissed

NCBJ 2022: Bankruptcy Boom or Bust - How Far Is Too Far and Is the Day of Reckoning Here?

The first plenary session of NCBJ was a panel consisting of Professor Melissa Jacoby, Jennifer Hagle from Sidley and Austin and Judge Lisa Beckerman (Bankr. S.D.N.Y.). My overall impression of the panel was that it consisted of Prof. Jacoby asking

FILING FOR BANKRUPTCY WITHOUT AN ATTORNEY IS A DIFFICULT ROAD

Individuals can file bankruptcy without an attorney. This is called filing pro se. Working with a qualified bankruptcy attorney, however, is strongly suggested because bankruptcy has long-term financial and legal outcomes. Additionally, it is very

Bank CEOs expect returning to the office will become the norm

Weekly News – October 28

Trick or “Tweet” Happy Halloween Woe is me… Please, please, please help me! Lenders consider challenge of Mitel uptier A good defense is the best offense: lenders respose to uptiers Avaya deal on the horizon? Bed Bath & Beyond Exchange on the ropes

Hiding Household Income: Household Size

One of these days I’m going to write a post on how shitty we treat married couples in this county. From a financial perspective, is it better to be married or to shack up? I’m going to write a list. There are some legal benefits to being married, but

Custodia Bank's master account lawsuit against Fed likely to advance

'Tax the rich': Climate protesters target JPMorgan's NYC office in week of action

Latest banking news

High-risk defaults could be 'canary in the coal mine' for mortgage market

U.K. banks park £1.3 billion to cover bad loans as recession looms

One approval down, one to go for New York Community-Flagstar deal

New Jersey lender bets big on financing life insurance premiums

Labor shortages and higher costs may drive self-checkout adoptions

Those seeking to bring down the CFPB should be careful what they wish for