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Insolvency Service “reframes” view of creditor – IPs can apply their discretion (UK)

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Obama's B of A Attack Will Rebound on CFPB

In hinting that the consumer bureau should look at B of A's $5 debit card fee, Obama has solidified bankers' worst fears about the CFPB.

6 min read

Why Banking M&A Is for the Brave and the Bold

Word that a banking pool had returned its money to investors prompted our assistant managing editor to take a second look at the state of banking. The answers are discomforting.

6 min read

Don't Let Bank-Bashers Hurt Your Team's Morale

Frontline employees and branch managers I've spoken to seem genuinely surprised and sometimes downright emotional to hear someone defending who they are and what they do.

6 min read

Bankruptcy and bank statements

Planning to file bankruptcy? You will need to round up bank statements. You’ll need them at the beginning of the bankruptcy process; and you’ll need them again near the end. Since you need to tell the bankruptcy court about all your accounts when you

6 min read

OCC Servicing Settlement--Will Homeowners Get Screwed (Again)?

The WSJ reports on the latest development in the implementation of the OCC's mortgage servicing fraud consent orders. It seems that the banks will have OCC approved "independent" foreclosure review consultants (chosen and paid by the banks) review

6 min read

Barnes & Noble Email to Borders Customers Rattles Privacy Watchdog

Reuters A consumer-privacy watchdog is fuming over a message that Barnes & Noble Inc. executives sent out to millions of former Borders customers who have the next 11 days to decide whether to keep their personal buying history and contact

6 min read