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The Federal Reserve said it will begin buying $60 billion of Treasury bills per month to improve its control over the benchmark interest rate it uses to guide monetary policy after turmoil rocked money markets in September.
October 11
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Federal regulators should amend a capital buffer requirements for certain derivatives to avoid economic damage.
October 11
American Bankers Association -
The company has rolled out an online platform for firms considering marketplace loans as an asset class.
October 10
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OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida.
October 10
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MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.
October 10
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The EU wants to protect the euro and ensure Facebook’s digital currency isn’t used for money laundering; the brokerage is partnering with six banks to offer 2% on account balances.
October 9
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A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.
October 8
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On Jun. 30, 2019. Dollars in thousands.
October 7 -
The decision is a blow to Facebook's digital currency plans; the reduction is the bank’s “most ambitious attempt to rein in costs in years."
October 7
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States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.
October 3
