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Six regional banks have reported their stress-test results under Dodd-Frank for the first time, projecting Tier 1 common equity ratios ranging from 8.04% to 11.4% after an economic shock. However, several also projected multimillion-dollar losses during the stressful period.
June 16 -
NCR in Duluth, Ga., may be a target for a possible takeover by private equity firms Blackstone Group and Carlyle Group.
June 16 -
NCR in Duluth, Ga., may be a target for a possible takeover by private equity firms Blackstone Group and Carlyle Group.
June 16 -
Payment processor Elavon has signed a multi-year agreement to provide payment gateway and security technology to Wyndham Hotel Group.
June 16 -
First Reliance Bancshares in Florence, S.C., is again current on its dividends tied to the Troubled Asset Relief Program.
June 16 -
Starbucks says it will offer its mobile order-and-pay application to customers at stores in 21 more states in the southern and central U.S.
June 16 -
Some argue that nonbank mortgage lenders' rising market share poses a risk to the financial system. But this belief arises from an inaccurate understanding of what is in fact a well-regulated sector.
June 16
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Banks with assets totaling between $10 billion and $50 billion have begun publishing the results of their Dodd-Frank Act mandated stress tests this week and will continue to do so through the end of the month, providing a new window into the workings of regional institutions.
June 16 -
The Treasury Department's Community Development Financial Institutions Fund has allocated more than $3.5 billion in tax credit awards for low-income urban and rural communities.
June 16 - Virginia
NCUA plans to propose new data security rules for credit unions that would include requiring encryption or password protection for sensitive member data during examinations.
June 16





