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Consumer banking is expected to offset the banks’ underperforming Wall Street units; the defections of Visa, Mastercard and Stripe threaten the cyrpto project’s viability before it starts.
October 15
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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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A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.
October 8
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The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.
October 8
American Banker -
The challenge with cash is its nature makes it hard to transition away from it. On the other end of the scale, digital-only businesses may never accept cash, meaning they may always exclude the cash-based consumer.
October 8
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Community banks will likely face questions about mortgage lending, deposit gathering and M&A during earnings calls.
October 7
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On Jun. 30, 2019. Dollars in thousands.
October 7
