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Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents?
November 7
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Banking industry groups said they were vindicated by the defeat of the ballot measure, but public banking advocates plan to keep pushing the idea.
November 7
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Square gave an earnings forecast in the current quarter that missed analysts’ estimates, amid increasing spending on new products beyond its central payments processing business. The profit projection outweighed a strong sales outlook, sending shares down in extended trading.
November 7
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The Virginia company said that Carolina State Bank is on pace to open later this month.
November 7
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During his time as U.S. attorney general, Jeff Sessions was an outspoken opponent of the legalization of cannabis sales. Now that Sessions has resigned, legal marijuana is poised to become a growth industry.
November 7
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The results won’t do much to stimulate loan growth but could still provide the boost that investors have been waiting for.
November 7
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Republicans on the Senate Banking Committee expressed concern that FDIC examiners are verbally discouraging banks from working with certain businesses.
November 7
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Reversing a previous order, the Texas judge granted part of the bureau's request to stay the effective date and allow time for the agency to work on changes to the rule.
November 7
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Tester is the only Democratic supporter of the recent regulatory relief package sitting on the Banking Committee to win re-election this fall.
November 7
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Jon Tester is the only Democratic supporter of the recent regulatory relief package sitting on the Banking Committee to win re-election this fall.
November 7
