ABI Blog Exchange

Proposed crypto-focused bank names CEO

Do banks and fintechs need to rethink their partnerships?

Debt consolidation vs Bankruptcy

Fox Business has an article on "debt consolidation vs bankruptcy". The article contains a compare and contrast between the 2 strategies. The article can be found at https://www.foxbusiness.com/personal-finance/debt-consolidation-vs-bank… At

Nobody’s Default? Ninth Circuit to Decide Whether Defaults Need to be ‘Material’ Before Landlords Get Adequate Assurance Under the Bankruptcy Code

Section 365 of the Bankruptcy Code allows debtors to “assume” unexpired leases, recommitting themselves and their counterparties to the existing lease terms, subject to approval by the Bankruptcy Court. If there are existing defaults under the lease

Mobile point-of-sale fintech SumUp turns its attention to consumers

U.S. Taxpayers To Foot The Bill for Alabama’s and North Carolina’s Bankruptcy Unconstitutionally?! (In re Hammons)

By: Donald L Swanson On August 15, 2022, the Tenth Circuit Court of Appeals reinstates its prior In re Hammons opinion, which deals with remedies for unconstitutionally lower quarterly fees charged to bankruptcy debtors in Alabama and North Carolina

Can You Trust Your Bankruptcy Lawyer?

As usual, it seems like forever, most folks do NOT trust lawyers. Barely a third of Americans think lawyers are trustworthy, and the legal profession’s reputation hasn’t improved much in recent years. The latest Rasmussen Reports national telephone

We've become a culture where we live in the moment': Suze Orman on savings crisis

Progressives 'cautiously optimistic' as Barr agenda comes into focus

Will the Real Estate Developer Evergrande File for Bankruptcy in the United States to Protect its Hong Kong Headquarters?

A company does not have to be based in the United States in order to be eligible for relief under the U.S. Bankruptcy Code. Once a company files a petition for bankruptcy, an automatic stay goes into effect by operation of U.S. law, which protects

Which cyber incidents should banks report to the government?

U.S. Bancorp now expects MUFG Union deal to close later in second half of 2022

OCC names Yue Chen climate risk officer

Wells Fargo to pay $145 million to settle government's 401(k) inquiry

JPMorgan in deal for Renovite to improve merchant acquiring tech

Goldman Sachs plans to cut several hundred jobs starting this month

Appeals court dismisses major debt collection suit in win for banks

Until appraisal bias is conquered, the racial wealth gap will persist

CEO of Michigan credit union steps down for HR role at another firm

How credit unions are improving outreach to minority communities