ABI Blog Exchange

2020-11-30
The California company agreed to acquire WestRiver Group in a move that will expand its debt fund business.

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2020-11-30
Though it is unclear why Rhinebeck Bancorp is looking to form Rhinebeck Commercial Bank, other mutual banks have pursued the strategy to work around a state law barring them from working with municipalities.

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2020-11-30
The agency finalized a policy allowing companies to submit formal requests for clarification on a regulatory issue. The bureau said it will publish the advisory rulings in the Federal Register.

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2020-11-30
BBVA USA was one of the first U.S. banks to deploy a real-time core system and to purchase a neobank. Here's what PNC may keep, and what it may jettison, after it acquires the U.S. unit of the Spanish banking giant.

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2020-11-30
The regulator issued prohibitions for former credit union employees in Virginia and Connecticut.

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2020-11-30
Lenders are worried that the Small Business Administration could use borrower responses to deny forgiveness for many Paycheck Protection Program loans that exceed $2 million.

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2020-11-30
The OCC, Federal Reserve and FDIC said that a failure to adequately prepare for the transition away from Libor could undermine banks' safety and soundness, but also extended the sunset date for many iterations of the interest rate benchmark to Jul

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2020-11-30
By Bob Gold, Principal, Bob Gold & Associates  

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2020-11-30
A new report from California shows that less-regulated mortgage lenders may be doing a better than banks of serving Black and Latino homebuyers. But consumer advocates say the data bolsters the case for tougher supervision of nonbanks.

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2020-11-30
On November 30, 2020, Hurdl Inc., a marketing company focusing on live event data capture and personalized short message service marketing, filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for t
2020-11-30
On November 30, 2020, Hurdl Inc., a marketing company focusing on live event data capture and personalized short message service marketing, filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for t
2020-11-30
On November 25, 2020, MyCell Technologies LLC of New York, NY, which produces and markets a liquid formulation of Omega-3 ingredients for use in food, beverage, medical, and nutritional products, filed a voluntary
2020-11-30
On November 25, 2020, MyCell Technologies LLC of New York, NY, which produces and markets a liquid formulation of Omega-3 ingredients for use in food, beverage, medical, and nutritional products, filed a voluntary
2020-11-30
Some workers have thrived while working remotely but others miss the social interaction of an office, and the recent surge in coronavirus diagnoses means employers will be facing these challenges well into next year.

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2020-11-29
HSBC's management is looking at a complete withdrawal from its retail operations in the U.S., although a full exit from other businesses in the country is unlikely, according to a person familiar with the matter.

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2020-11-29
From the industry's extraordinary response to the coronavirus outbreak to Citigroup promoting Jane Fraser to CEO, these are some of the storylines that defined banking in 2020. First in a two-part series.

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