ABI Blog Exchange

September 2022 Ponzi Scheme Roundup

Posted by Kathy Bazoian Phelps Below is a summary of the activity reported for September 2022. News in cryptocurrency schemes was prevalent this month, with 16 cryptocurrency firms hitting the Ponzi scheme news. At least 16 new Ponzi schemes

Some Clover merchants suffering 'intermittent issues'

Bank regulators embark on living will guidance for the largest non-GSIBs

California revises law that played key role in Wells Fargo scandal

Credit union museum gives women leaders a long overdue spotlight

Top banking news this month: September 2022

Barclays bankers face possible discipline, pay cuts for paperwork blunder

Latest banking news

SocGen picks investment bank head Krupa as next chief executive

Venture debt, events, APIs: Small-business neobanks get creative

'Regulation is not cost-free': Fed's Bowman urges caution on rule changes

Michigan bank close to putting mortgage lending disaster behind it

Why Silicon Valley Bank is betting on buy now/pay later for businesses

Fed's Brainard: global rate hikes could threaten financial stability

Powell ducks Warren request for Fed officials' trading records

Inside the CFPB's case against MoneyLion

JPMorgan Chase is phasing out safe deposit boxes

Financial firms face difficult choices on ESG compliance

Bank Five Nine in Milwaukee suburb names next CEO

Successor Liability and Section 363: A Broad Interpretation of an “Interest in Property”

The purchase and sale of assets by a debtor is governed by Section 363 of the Bankruptcy Code. So-called “363 sales” are typically attractive from a buyer’s perspective (and may be a primary reason for a bankruptcy filing). Perhaps the most important