Search results for "bankruptcy"

December 24, 2024
Financial Services Regulation in 2025: More of the Same or...

This year was marked by a steady drumbeat of regulations and rules — and requests from regulators for information and comments from financial services players — touching on everything from...


December 19, 2024
Fed Issues Action Against Lineage Financial Separate from Synapse Case

The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. The Fed said in a Thursday (Dec. 19) press release that...


December 19, 2024
Reforms and Trends in the Regulation of Digital Markets in...

Japan has employed three tools of competition policy in the regulation of digital markets: 1) advocacy and soft-law, such as market study reports and guidelines, 2) a whole government approach...


December 19, 2024
Big Lots Says Previously Announced Sale Has Fallen Through

Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining that it no longer expects...


December 17, 2024
SEC and Express Settle Charges Related to Disclosure Obligations

The Securities and Exchange Commission (SEC) settled charges with Express, Inc., in which it alleged that the fashion retailer failed to disclose executive compensation paid to its now-former CEO in...


December 16, 2024
Big Lots Exec Says Mobile and Digital Become On-Ramp for...

Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. In...


December 11, 2024
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the U.S. Financial Stability Oversight Council...


December 10, 2024
Lord & Taylor to Return as eCommerce Site

Regal Brands Global reportedly plans to relaunch department store brand Lord & Taylor as a discount luxury eCommerce platform. The new online-only store will be introduced in 2025 and will...


December 10, 2024
Report: Walgreens Discusses Sale to Private Equity Firm Sycamore Partners

Walgreens Boots Alliance and Sycamore Partners are reportedly discussing a deal that would see Walgreens sold to the private equity firm. A deal could be completed early next year, although...