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Banks have begun inserting new language into loan deals that would require investors to return accidental payments like the one Citigroup made to Revlon's lenders last year.
March 3
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Challenger banks and fintechs can't be considered rivals, says Episode Six's John Mitchell.
March 3
Episode Six -
The new directors are Ime Archibong, whose team builds and tests mobile apps at Facebook, and Craig Williams, president of the Nike product line named after former NBA superstar Michael Jordan.
March 2
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Bipartisan legislation introduced Monday would permit loans made as part of the COVID-19 relief effort not to count against limits on member business lending.
March 2
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The payment processing company will offer loans and deposit accounts to its small-business customers through a Utah-based industrial bank.
March 1
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The bank’s new holding company, Amalgamated Financial Group, is the first publicly traded financial services company to become a public benefit corporation. It says the legal designation will help officers and directors balance the interests of shareholders and the public.
March 1
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Turnaround times on loans in the 504 program are stretching out for weeks as the Small Business Administration grapples with a spike in applications and responsibilities tied to the Paycheck Protection Program.
March 1
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On Dec. 31, 2020. Dollars in thousands.
March 1 -
Community Banks with the Largest C&I Loan Portfolios
March 1 -
Citigroup is one of the world's largest lenders to the fossil fuel industry, but CEO Jane Fraser vowed on Monday that the bank would achieve net-zero greenhouse-gas emissions in its financing activities by 2050.
March 1
