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Fed Governor Criticizes Bank Dividend Decision

Fed Governor Criticizes Bank Dividend Decision

Governor Lael Brainard says paying shareholders will deplete reserves at a time of severe uncertainty
OCC Reduces Assessments for Banks in Response to Pandemic

OCC Reduces Assessments for Banks in Response to Pandemic

Banking industry regulators have moved to temporarily reduce the amount banks will have to pay to fund the oversight agencies
How US Banks are Responding to Racial Injustice

How US Banks are Responding to Racial Injustice

Companies across the US and Canada are pledging money and action to support minority co-workers and communities
Carney: Public sector must step up climate change efforts

Carney: Public sector must step up climate change efforts

The former Bank of Canada and Bank of England governor has called for strong government action on climate change
ABA Criticizes Credit Union M&A Rule Proposal

ABA Criticizes Credit Union M&A Rule Proposal

Large credit unions are going outside of their remit to buy up smaller banks without sufficient scrutiny, the association has argued
Which Banks Have Loaned the Most Through PPP?

Which Banks Have Loaned the Most Through PPP?

$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
The New Jersey Community Bank Flying High in PPP Ranking

The New Jersey Community Bank Flying High in PPP Ranking

Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust
TD Ameritrade-Charles Schwab Merger Gets Green Light

TD Ameritrade-Charles Schwab Merger Gets Green Light

Schwab announced its plan to buy TD Ameritrade late last year, prompting the DOJ’s Antitrust Division to launch an investigation
NY Minority Bank Partners with Fintech for Credit, Education App

NY Minority Bank Partners with Fintech for Credit, Education App

Ponce Bank has entered into a partnership with Grain Technology to use its AI-powered credit tools
OCC Warns of Lockdown Impact on Banking Sector

OCC Warns of Lockdown Impact on Banking Sector

In his first week as comptroller, Brian Brooks calls for local and regional leaders to weigh the risks of lockdown on banks
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