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PPP Delivers $140B in 2021 as Biden Prioritizes ‘Mom and Pop’ Businesses

PPP Delivers $140B in 2021 as Biden Prioritizes ‘Mom and Pop’ Businesses

Share of funding for businesses with fewer than 10 employees up 60% under Biden administration, SBA reports
First National Strikes Merger Agreement with The Bank of Fincastle

First National Strikes Merger Agreement with The Bank of Fincastle

Elsewhere, First Mid Bancshares has completed its acquisition of LINCO Bancshares
US Banks Resilient Despite Pandemic

US Banks Resilient Despite Pandemic

Research from the Federal Reserve noted profitability and capital positions improved in H2 2020
Bank of Hawaii Launches ‘Branch of Tomorrow’ Premises

Bank of Hawaii Launches ‘Branch of Tomorrow’ Premises

The bank is reopening revamped branches, while others are adding physical branches in face of online shift
Banking on Diversity initiative launched to target minority businesses

Banking on Diversity initiative launched to target minority businesses

BCT-Bank of Charles Town is the latest institution to address inequalities and improve corporate diversity
Regional, Community Banks Face Digital Challenges Post-Pandemic

Regional, Community Banks Face Digital Challenges Post-Pandemic

Greenwich Associates reports widening gap in digital investment between national and regional banks
ABA Urges OCC to Reverse ‘Ill-Considered’ Bank Approvals

ABA Urges OCC to Reverse ‘Ill-Considered’ Bank Approvals

Trade groups have raised concerns about the recent banking licences granted to Anchorage and Protego
Who Are the Winners from the Digital Banking Transition?

Who Are the Winners from the Digital Banking Transition?

Ratings agency KBRA has laid out how the digital transition is levelling the playing field for small banks
CIBC Fails in Bid to Offload Caribbean Subsidiary

CIBC Fails in Bid to Offload Caribbean Subsidiary

First Caribbean Bank has weighed on CIBC’s balance sheet but regulators blocked a sale this month
Banking M&A Hits Record High in 2020

Banking M&A Hits Record High in 2020

Figures from Finaria.it show there were more than 1,300 deals last year
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