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Large banks will have capital requirements of up to 13.4%, to ensure their survival in a severe recession and to still be able to lend
Rob Nichols has called on Congress to intervene and cut the number of credit unions buying up banks
Plus: New CEO at BOK, and appointments at Stride Bank, Oxford Bank, USAA and HSBC
The $31 million deal will add locations in four counties across the state
Approximately 85% of deposit transactions are made via digital or automated channels including the bank’s app
Plus: First Bank to acquire two OceanFirst branches, Bank of Southern California adds Westlake Village premises
Acting comptroller Michael Hsu is urging bank leaders to be “especially vigilant” in the post-pandemic era
Among the many trends that have recently developed in the commercial lending world, industry disruption seems to be a common thread
In sharp contrast with 2020, this summer is starting to show promising signs of a return to normalcy
Traditional banking products are “out”, according to tech company Temenos
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