ABI Blog Exchange

Fintech, crypto firms boost NBA marketing spending as banks cut back

Hotel lending improves as pandemic eases, but risks remain

15 Years of Credit Slips

Today marks fifteen years of the Credit Slips blog. We started modestly on this date in 2006 while we were in the throes of doing all the tedious ground work for what would be the 2007 version of the Consumer Bankruptcy Project. After 15 years, I

The Emperor's Old Bonds

Andres Paciuc, Mike Chen & Charlie Fendrych, have just published their delightful paper on Chinese Imperial Debt in the Duke Journal of Comparative and International Law. This is a version of a paper that they did for my sovereign debt class with

Second Circuit Holds Many Private Student Loans Are Dischargeable in Bankruptcy

The 2d Circuit this week joined the 5th and 10th Circuits in holding that the discharge exception in 11 U.S.C. § 523(a)(8)(A)(ii) for "an obligation to repay funds received as an educational benefit, scholarship, or stipend" doesn’t cover private

Wells Fargo tells employees to return to work in two waves this fall

Cash unwanted by banks piles up at the Fed reverse repo facility

How fast-growing neobank Novo met its customer service challenge

Yellen to convene U.S. regulators to discuss stablecoins

First Horizon's costs from Iberiabank integration higher than expected

Sacklers Withdraw Their Threatened Sanctions Motion

The Sacklers decided not to proceed with their threatened sanctions motion. Their counsel wrote to the case distribution list: After having heard from several parties that the motion served yesterday may be counterproductive to the deal, we are

Harsher rules, more enforcement: What to expect from Chopra's CFPB

Acting CFPB director should come before House panel, McHenry says

Apple, new to buy now/pay later field, has its work cut out

Chicago’s newest bank sets sights on women-owned businesses

U.S. Bank racial equity bond aims to support affordable housing

FHFA ending fee meant to cover Fannie, Freddie’s COVID-related losses

Fintechs shouldn’t give up on national bank charters

Delaware Bankruptcy Court Decision Supports Pathway to Make Chapter 11 Cases Less Expensive

Section 1930(a)(6) of Title 28 requires the payment of quarterly fees to the United States Trustee (the “UST”) for each quarter that a bankruptcy case is open. The amount of fees is calculated based on the amount of disbursements made by the debtor

Square building new Bitcoin-inspired financial services business