Credit unions in the Fiji Islands have received funding from the European Union to purchase computer hardware and software that will connect all the CUs to one another and allow all to have online access. In addition, the Fiji Savings & Credit Union League said it plans to create what in the U.S. would be a corporate credit union to facilitate liquidity needs and other services currently gotten from banks, according to Basilio Vanuaca, general manager of the league.
The agency’s report on mortgage data submitted by lenders identified persistent disparities between white borrowers and minorities in denial rates and pricing. Some observers say the bureau should have been more explicit as the nation wrestles with systemic racism.
An international coalition led by Bank of America chief Brian Moynihan has proposed a framework for assessing how well big corporations are meeting the environmental, social and governance expectations of investors who value stakeholder capitalism.