Jelena Mcwilliams news and trends

Synapse Trustee Fights to Retain Crucial Data
Legal // July 03, 2024

The Synapse bankruptcy case had another court hearing on Wednesday (July 3), this one with consumers testifying to their financial losses and another status report filed by trustee Jelena McWilliams. In an “urgent” supplement to her fourth status report, the former FDIC chair put the...

Synapse Trustee McWilliams Details New Challenges in Latest Status Report
Legal // June 24, 2024

It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in recovering and distributing customer funds. However, serious reconciliation challenges remain, according to the latest status report in the case. Trustee...

Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
Legal // June 07, 2024

Former Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as trustee of Synapse’s Chapter 11 bankruptcy case Friday afternoon (June 7). Ahead of the hearing, a status report filed Thursday (June 6) with the bankruptcy court in California laid out a...

Gruenberg Declines To Answer On His Future In FDIC
Regulation // May 23, 2018

As his successor is expected to be confirmed soon, Federal Deposit Insurance Corp. Chairman Martin Gruenberg faced questions about having a future leadership role at the agency. According to a recent report by Politico, Gruenberg, who has served on the FDIC board in various capacities...

Interviews & Exclusives
Synapse Trustee McWilliams Details New Challenges in Latest Status Report

June 24, 2024
It’s one step up and two steps back in the case of Synapse Financial’s bankruptcy, with the court-appointed trustee reporting progress Friday (June 21) in recovering and distributing customer funds. However, serious reconciliation challenges remain, according to the latest status report in the case. Trustee Jelena McWilliams told the Central California Bankruptcy Court that partner […]

Quick Reads
Synapse Trustee Fights to Retain Crucial Data

July 03, 2024
The Synapse bankruptcy case had another court hearing on Wednesday (July 3), this one with consumers testifying to their financial losses and another status report filed by trustee Jelena McWilliams. In an “urgent” supplement to her fourth status report, the former FDIC chair put the spotlight on a time-sensitive dispute with financial services database provider […]

Gruenberg Declines To Answer On His Future In FDIC

May 23, 2018
As his successor is expected to be confirmed soon, Federal Deposit Insurance Corp. Chairman Martin Gruenberg faced questions about having a future leadership role at the agency. According to a...

Senate Banking Committee Gives McWilliams The Nod To Become Chair Of FDIC

February 09, 2018
The Senate Banking Committee signed off on President Donald Trump’s nomination of Jelena McWilliams to become the next chair of the Federal Deposit Insurance Corporation (FDIC), although the appointment still faces...