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The agency has freed companies from reporting requirements and provided flexibility on exams to help them deal with COVID-19 fallout. It has also finished other regulatory relief efforts that were in the pipeline before the pandemic hit.
May 18 -
Nicolet Bankshares said its lagging stock price would complicate efforts to complete its planned purchase of Commerce Financial.
May 18 -
With rates so low — after steep emergency Federal Reserve cuts in response to the pandemic’s fallout — banks will struggle to generate bread-and-butter interest income and asset-sensitive lenders will face substantial net interest margin contraction this year and next, analysts say.
May 18 -
The order's removal allows the Delaware company to pursue more opportunities in its payments business.
May 18 -
In line with the other major card brands, Mastercard is extending its EMV liability shift at gas pumps to April 2021. It is also launching a data-driven fraud protection tool for fuel merchants who have not completed their upgrade to chip-card EMV pumps.
May 18 -
The two mortgage giants said they would begin the process of hiring outside firms to help raise capital that will be needed to exit conservatorship.
May 18 -
Saul Van Beurden's team is tasked with keeping systems running during the pandemic, including driving equipment to homebound workers. Yet the bank must continue making upgrades demanded by regulators, investing in new technology and recruiting top talent, he says.
May 18 -
Kent Hiteshew, who was recently hired by the Fed to help with the municipal market, said the Municipal Liquidity Facility opened Monday.
May 18 -
As the coronavirus crisis fuels even stronger demands for early earned wage access, Ceridian seeks to rise above the competition with its own on-demand digital wallet and prepaid Mastercard.
May 18 -
After nearly two decades with the company, Hanisch is the longest-serving member of the executive team at CO-OP Financial Services.
May 18