FORT WORTH, Texas - (09/12/05) - Several employees of State NationalCompanies here have taken evacuees from Hurricane Katrina intotheir homes. "Our shelters are overflowing with people who have noreal solutions for support," said VP Trace Ledbetter. "We willcontinue to do whatever we can." In just one day, the company'semployees donated more than $5,500 in cash and goods, includingclothes, baby food, wipes, diapers and more, which was in turngiven to Mission Arlington to meet immediate needs. Separately,management offered to match the employees' donations, bringing theone day total to over $11,000. Some funds have also gone to theSalvation Army.
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A highly esteemed bank policy researcher and author, Petrou was an influential voice in Washington and sharp critic of the Federal Reserve's ultra-low interest rate policy after the 2008 financial crisis.
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In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
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The North Carolina-based megabank is making a $25 billion commitment to private credit — the latest signal that banks are undeterred, even as Wall Street raises alarm bells about the sector.
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After a federal judge allowed a new state law to ban interchange fees on taxes and tips, a coalition of banks and credit unions struck back.
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Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used.
February 20 -
A public-private group led by the Treasury issued the first two of six planned resources to help banks navigate the risks and opportunities of AI.
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