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Standard Bank & Trust in Hickory Hills, Ill., has hired an investment bank to explore a possible sale, according to Crain's Chicago Business.
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Two executives and two directors have resigned from Community Bank of the Bay in Oakland, Calif.
March 14 -
Republicans currently hold a 54 46 advantage over Democrats in the Senate, making the GOP grip on the Senate precarious at best. With the election a little less than eight months away, Republicans also have more vulnerable seats up for reelection, leaving many analysts speculating the Democrats will retake the chamber. Following are the races bankers need to watch.
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To hear some former examiners tell it, companies that are hostile during the exam process may get dinged more often than those that show respect and professionalism. Following are tips to ensure bankers do better on their next exam.
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Chase is investing in digital and technology resources in a way that's reminiscent of the Silicon Valley model, as it looks to create more direct interaction with its customers on its website.
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Royal Bancshares of Pennsylvania, which spent three years righting the ship, is ready to poach bankers and clients who might be upset with recent consolidation in Royal's home state. While it could look at deals, Royal is primarily hoping to steal market share with a private-banking model, loan production offices and technology upgrades.
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Bluetooth beacons small night-light-sized devices that can communicate with a mobile app as shoppers move throughout a store may have the same potential for bank branches as they do for megaretailers like Target.
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China is testing a program that allows banks with bad loans to sell that debt to investors, The New York Times reported Saturday.
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The more welcoming European regulatory environment for blockchain developers could take the competitive edge away from U.S. banks unless regulators here start championing fintech innovation.
March 14
Murphy McGonigle -
The Justice Department is notifying state and municipal court systems in a letter sent Monday that defendants who fail to pay fines or fees shouldnt be jailed. The letter warns that such practices run afoul of the Constitution and harm trust within communities.
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