ABI Blog Exchange

In attempting to prevent abuses of the interchange cap exemption for reloadable prepaid cards, the Fed may have inadvertently scuttled an opportunity for banks to serve low-balance account holders.

Critics of last year’s decision on credit bidding

"Richard Francis Sanford, 54, of Lexington, pleaded guilty in U.S. District Court in Columbia to bankruptcy fraud and was sentenced to two years’ probation, 30 days’ home confinement and 100 hours of community service, U.S.

"Alabama's Jefferson County on Tuesday hired outside bankruptcy lawyers ahead of a critical decision on its debt that could result in what would be the largest municipal bankruptcy in U.S. history.

The Borders bankruptcy case currently making headlines provides a helpful illustration of the difference between the two main forms of bankruptcy,

On July 19, 2011, the Financial Stability Board (“FSB”), an organization comprised of governmental and other financial authorities from around the world, including the SEC, Federal Reserve and Dept.

W.R. Grace & Co. lenders say a Philadelphia federal judge risks setting up a clash with the New York courts if he lets the specialty-chemical company exit bankruptcy without handing over an additional $140 million to them.

Robert Sylvester Kelly, better known as R & B singer R. Kelly, is facing foreclosure on his home in Olympia Fields, Illinois. J.P. Morgan Chase Bank filed the $2.9 million foreclosure suit against R. Kelly last month.

In the movie The Graduate (1967), Ben learns that one word  (“plastics”) is the pathway for a successful career.

While Congress and the White House debate raising the debt ceiling of the nation, many of us just plain citizens wonder if we too should borrow more money to get through our hard times.  The questions we need to ask are… can we borrow m