2020-02-13
The startup spawned in Eastern Bank's innovation lab says its bank customers asked for client-friendly software for account opening, credit cards and more types of commercial lending.
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2020-02-13
The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.
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2020-02-13
Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods.
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2020-02-13
Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.
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2020-02-13
Student Loan Forgiveness Gone?
Riffing off yet another Zach Friedman Forbes story:
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2020-02-12
Ken Montgomery, who is heading up the Federal Reserve's faster payments network, says the agency is taking an incremental approach to launching the service.
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2020-02-12
To address immediate market demand but allow time for the project to be done right, the official leading implementation of FedNow says the central bank envisions an initial release in 2023 or 2024 followed by subsequent updates.
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2020-02-12
Ag lenders say the Trump administration’s waivers for oil refineries threaten another source of revenue for corn growers and ethanol makers.
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2020-02-12
A study by the House Financial Services Committee on the industry’s efforts to hire and promote more women and minorities has sparked a dispute over whether banks should have to be more transparent about those efforts.
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2020-02-12
Wells is thought to be the first big U.S. bank to allow harassment victims to go to court instead of arbitration. An investment firm that advocates for progressive causes claimed credit for the policy change.
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2020-02-12
Activist investors say the lender's words on combating climate change have not matched its actions. But the company argues that requests to put climate resolutions to a shareholder vote amounts to micromanagement.
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2020-02-12
On February 12, 2020, RentPath Holdings, Inc. (f/k/a Pittsburgh Holdings, Inc.
Read More from: Bankruptcy and Restructuring Law Monitor
2020-02-12
On February 12, 2020, RentPath Holdings, Inc. (f/k/a Pittsburgh Holdings, Inc.
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-02-12
The fintech, which translates foreign credit reports to help immigrants get loans, says it has raised millions from venture capital firms and celebrities like Alex Rodriguez and U2's The Edge because its product addresses important economic and so
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2020-02-12
Federal Reserve Chairman Jerome Powell told senators that the central bank is willing to explore a credit-sensitive interest benchmark in addition to the secured overnight financing rate, which some banks say could cause problems during economic s
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