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Banks will tell the Fed they would remain strong after payouts; customers would need $250,000 in liquid assets on deposit at the bank to qualify to refinance.April 6
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The proposed Agility Bank would rely heavily on digital offerings. It is pursing a national charter with the Office of the Comptroller of the Currency.April 3
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Requiring banks to test themselves is likely to be a waste of time in the current crisis, says a former Senate Banking counsel.April 3
Staff directorCorporations and society initiative at Stanford Graduate School of Business
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The agencies will give the industry another month to submit feedback on the so-called covered fund portion of the rule "in light of potential disruptions resulting from the coronavirus.”April 2
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The change — effective immediately — will reduce capital demands by about 2% overall, the Fed estimated, and will be open for a 45-day comment period.April 2
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In supporting the economic recovery from the coronavirus pandemic, lenders have a chance to restore public trust damaged in the last financial crisis. But they face tough decisions on dividend cuts, executive pay, furloughs and deeper changes to their business model in the process.April 1
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SBA loans could pour billions into bank coffers; Fed bailed out government-backed market, others may suffer.April 1
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The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.March 30
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An uptick in closings is likely, but how many institutions go under and how fast will depend on a variety of factors, including the duration of the pandemic.March 26
