Bank of America was sued by plaintiffs alleging that the bank violated the CARES Act by prioritizing borrowers with existing lending relationships and did not allow applicants without such relationships…
While regional banks were embracing small business loans, the U.S. government sparred with the top four regarding the program as larger banks did not show enthusiasm
President Donald Trump has signed into law the Coronavirus Aid, Relief, and Economic Security Act. The details will help keep the banking industry stable.