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The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets.
October 15
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Its quarterly results show lower rates and emerging credit risks can be overcome. Whether most banks have all the same levers to pull is another matter.
October 15
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CEO Michael Corbat said he “wouldn’t rule out” building branches to keep the momentum going.
October 15
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The Massachusetts-based institution, which will forgive more than $750,000 in fees, is the latest to come to an agreement regarding overdraft claims.
October 15
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During the firm's earnings conference call, Chairman and CEO David Solomon attempted to reassure investors about the costs of Marcus, declining to say when the investment bank might break even on the initiative.
October 15
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Slowdowns in new factory orders and production, largely tied to the trade war with China, could translate to more defaults among industrial clients.
October 15
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A law signed last week by Democratic Gov. Gavin Newsom caps interest rates on installment loans. But three large lenders are looking to avoid its restrictions by partnering with banks.
October 15
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The tiny Monarch Federal Credit Union joined Firefighters & Company FCU in order to offer its 1,000 members a wider range of products.
October 15
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On Jun. 30, 2019. Dollars in thousands.
October 15 -
On Jun. 30, 2019. Dollars in thousands.
October 15
