2020-10-01
In Announcement 2020-12, released September 22, 2020, the Internal Revenue Service (IRS) informed lenders that they should not report qualifying loan forgiveness amounts from covered loans made under the Paycheck Protection Program (PPP) by filing
Read More from: Krieg DeVault
2020-09-30
The central bank issued a proposal aligning recent stress testing changes with supervisory standards that are tailored to an institution's size and complexity.
Read More from: BankThink
2020-09-30
The Federal Reserve will continue its ban on share repurchases for banks with more than $100 billion of assets into the fourth quarter and will cap dividend payments using a formula based on recent income.
Read More from: BankThink
2020-09-30
Goldman Sachs is resuming job cuts as the coronavirus pandemic outlasts the financial industry’s resolve to offer jittery employees stability through the economic downturn.
Read More from: BankThink
2020-09-30
Four global banks have joined American Express Ventures in contributing to BioCatch’s Series C fundraising round and earning themselves seats on its newly formed Client Innovation Board.
Read More from: BankThink
2020-09-30
Regulators have approved the Colorado institution's bid to serve consumers across three different counties.
Read More from: BankThink
2020-09-30
Harit Talwar, who is moving from CEO of the digital banking unit to chairman of consumer banking, says Marcus wants to add checking and investment products, embed its offerings in additional high-profile platforms, and grow far beyond its current
Read More from: BankThink
2020-09-30
Gordian Life Sciences Leads a $6mm Series A Preferred Raise
Read More from: Gordian Group
2020-09-30
Imagine that you’ve been wrestling with debt for a couple of years, and finally decided to take charge and reclaim control of your finances.
Read More from: Bonds & Botes, P.C.
2020-09-30
A new watchdog report finds that prior to 2015, the Office of the Comptroller of the Currency missed numerous opportunities to address misconduct at the San Francisco bank.
Read More from: BankThink
2020-09-30
Investors in two subordinated bonds from Lehman Brothers received word that a payment is coming, just two weeks after the 12th anniversary of one of the world’s most spectacular banking collapses.
Read More from: BankThink
2020-09-30
Robert D. Ramirez has accepted the top job at the South Florida credit union as it attempts to turn around following a steep decline in earnings and a jump in charge-offs.
Read More from: BankThink
2020-09-30
A survey conducted by the Conference of State Bank Supervisors found that concerns about operating conditions have led a large percentage of small banks to steer clear of acquisitions and new tech investments.
Read More from: BankThink
2020-09-30
This week we’ll be discussing another sensitive topic, but one that merits addressing: the plight of the homeless population in our communities.
Read More from: Bonds & Botes, P.C.
2020-09-30
If you are dealing with growing financial debt, then it is natural to wonder about the potential of filing bankruptcy to help fix your financial situation.
Read More from: Young, Marr & Associates
2020-09-30
If you are dealing with growing financial debt, then it is natural to wonder about the potential of filing bankruptcy to help fix your financial situation.
Read More from: Young, Marr & Associates
2020-09-29
Lenders are disappointed with a low proposed cutoff for blanket forgiveness, but they said the proposal, which waives applications for some loans, is a good first step.
Read More from: BankThink