JPMorgan Chase Ends Credit Card Arbitration
American Banker | Nov 20JPMorgan Chase has become the second major credit card issuer to abandon mandatory arbitration, dealing another blow to the once-common industry practice.
Why IBM Took the Plunge into Mortgage Servicing
Big Blue is said to seek work from the GSEs
American Banker | Nov 20Servicing is where the action — and government money — has gravitated. "It's a critical mass that gets IBM's attention," says a former insider.
In Senate, Both Parties Pan Dodd's Reform Bill
American Banker | Nov 20Senate Banking Committee Chairman Chris Dodd abruptly abandoned his plan to press ahead with a partisan vote on his regulatory reform bill next month after running ...
- Topic: Regulatory Restructuring
Parent Trap: Is RBS Good for Citizens?
American Banker | Nov 20Turmoil at Royal Bank of Scotland, parent company of Citizens Financial, has been stunning. But those problems haven't thrown Citizens off its game, according to Ellen Alemany, its chairman and CEO.
House Panel Votes to Audit Fed and Fund Resolutions
American Banker | Nov 20The House Financial Services Committee approved a series of amendments Thursday designed to enhance oversight of the Fed and create a government fund to pay ...
GAO Interchange Report Only Adds Fuel to Debate
American Banker | Nov 20A much-anticipated government report on interchange finally appeared Thursday — and hardly seemed worth the wait.
The FinTech 100
Turning Lemons into Lemonade
In a year where there were huge structural changes and consolidation in financial services, the top 100 financial technology firms actually saw their revenue grow.
Pipeline
A roundup of credit market news and views
Barry Sternlicht's REIT has $1 billion to buy distressed assets, but banks aren't selling. The former hotel mogul explains why he thinks that will change.
Viewpoint
Risk After Failure
Two members of a legal team specializing in insurance recovery say that, as the FDIC begins suing officials of failed institutions, D&O coverage has become a significant asset.
Ranking the Banks