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The Paycheck Protection Program has provided loans to almost half of businesses in every state – and in some it has reached much more
Authorities have inquired about Wells Fargo’s handling of PPP loans, according to a regulatory filing
Also: FireFly and TruStone credit unions plan merger; United Bank completes CresCom acquisition
Consumer survey shows that just a quarter of bank customers expect to change their behaviours in the next 12-24 months
The Fed is boosting several pandemic aid programs, including the PPP, as data shows more than half of its first expansion has been used up
Some states are phasing out stay-at-home orders and allowing businesses to reopen after nearly two months of lockdown
JD Power’s latest satisfaction survey reveals that reducing branch-based services could have a negative impact on customer satisfaction
Bank Hapoalim and its Switzerland-based subsidiary have admitted money-laundering charges involving soccer officials
New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
The ABA and National Bankers Association have entered into a strategic partnership to expand services to both membership groups
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