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The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A.
February 5
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The bank’s assets are capped at their current level of $1.95 trillion; Citi, JPM and B of A will no longer allow bitcoin purchases on their credit cards.
February 5
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The Federal Reserve voted unanimously Friday to impose an unprecedented enforcement action against Wells Fargo in response to its phony-accounts scandal as the bank said it would remove four members of its board.
February 2
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The Federal Housing Finance Agency said Friday it will give commenters more time to weigh in on a potential update to the credit scoring requirements for Fannie Mae and Freddie Mac.
February 2
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The nation’s two largest banks don't want the credit risk associated with the transactions.
February 2
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Seacoast Commerce is San Diego is already one of the biggest Small Business Administration lenders — half the loans on its books are tied to SBA programs. But will its underwriting hold up outside its traditional markets?
February 2
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It is easy to tire of predictions that business lending is poised to rev up. But HSBC USA's Richard Martin sees faster growth among U.S. midsize firms than at their international peers, as well as international-expansion potential for the U.S. companies — and his business plan is counting on all of it.
February 2
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Social Finance set an internal goal of lending more money in 2017 than it had in the previous five years combined. It was an aggressive target and one that counted on everything going exactly right.
February 2
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Problems with the IRS-managed Income Verification Express System, or IVES, have stoked concerns about delayed mortgage closings when volume picks up this spring.
February 2
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Neighbors FCU is using mobile technology to bring financial literacy efforts to an in-school facility that doesn't focus on physical transactions.
February 2
