WASHINGTON - (03/10/05) -- The Senate delayed a final vote onthe bankruptcy reform bill until Thursday while they debated onemore amendment that would prevent an investment adviser for acompany from representing the same company after it files forbankruptcy, because of potential conflicts of interest. Senateleaders were discussing last night whether the proposal would beacceptable to the House, which is expected to take up the bill soonafter the Senate passes it. The Senate is expected to vote finalpassage of the credit union-backed bill Thursday. Meantime, theRepublican-controlled Senate turned away five other amendments tothe bill Wednesday night, including one that would give moreprotection to single mothers filing for bankruptcy and another thatwould make it harder for wealthy debtors to protect expensive homesfrom creditors after filing.
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President Donald Trump said that he supported capping what he called "out-of-control credit card swipe fees" at the Republican Midterm Convention in Dallas. Wednesday's comments mark the third time the President has said he supported the Credit Card Competition Act.
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Like many firms, Ameriprise has been pumping money into AI in recent years. But its dedication to technology goes back much further, says the firm's head of technology and service delivery.
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A consulting firm working for BMO Harris flagged the processor's chargeback problem in 2015. The FTC says the shell accounts kept coming through 2023.
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The first two articles in this series addressed what banks should measure and how. This final article asks what people often get wrong in calculating AI ROI.
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Interactive Brokers, also known by its hot ticker symbol of IBKR, shares much more fee information than most custodians, without revealing much in the way of its scale among RIAs. Can it gain greater reach in a competitive channel?
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A federal judge found SVB Financial's management negligently prioritized yield over safety, allowing the Federal Deposit Insurance Corp. to retain the deposits after the bank's 2023 collapse.
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