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Skip Brown, an executive with Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.
September 6 -
A legislative measure would have made the Golden State the first in the nation where aggrieved borrowers could sue their servicers. The bill was delayed until 2020 after banks and other financial companies expressed opposition.
September 6 -
The Trump administration raised the goal posts for ending the conservatorships of Fannie Mae and Freddie Mac, but how officials get there is still highly uncertain.
September 6 -
Other banks have made splashy acquisitions there, but PSB Holdings is getting ready to open a branch after making inroads in the market for three years. Its next step could be M&A.
September 6 -
Credit unions are banding together to support for those in need by making donations, giving out scholarships and more.
September 6 -
Next up for BB&T-SunTrust: deciding where to unload branches; how the Trump administration would reform Fannie Mae, Freddie Mac; why the CFPB's payday rule is in the hands of a Texas judge; and more from this week's most-read stories.
September 6 -
A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.
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Despite state charters' best gains in four years, their ranks continue to shrink at a pace nearly equal to that of federal charters.
September 6 -
Both banks focus on the Chinese-American community.
September 6 -
The card builds on Mastercard’s goal of expanding products for underbanked consumers in sub-Saharan Africa.
September 6 -
The event is the bureau's second in a series on consumer protection policy. The first dealt with the agency's authority to penalize firms for unfair, deceptive or abusive acts and practices.
September 6 -
The Fed is seeking feedback on a "Building Block Approach" to risk-based capital standards for firms heavily engaged in insurance activities.
September 6 -
Prosecutors are investigating the involvement of Ashton Ryan and another executive in the New Orleans bank's 2017 collapse, a federal judge recently wrote in a decision on a related matter.
September 6 -
AiFi has partnered two global powerhouses in banking and groceries to pilot an Amazon Go-like convenience store in the Netherlands.
September 6 -
Treasury Secretary Steven Mnuchin has told large U.S. financial institutions including Goldman Sachs and American Express they should do more to help black- and women-owned community banks win federal contracts.
September 6 -
Facebook plans to double its headcount in New York City, an expansion that could set up the social media giant for a clash with some of the biggest firms in finance.
September 6 -
The bank helped raise $25 million for the fintech because of its potential to bring banks and nonbanks together in a virtual marketplace.
September 6 -
Driver Management said it believes the company would create more shareholder value by finding a buyer.
September 6 -
Goldman Sachs Group Inc. is making another bet on a Latin American financial-technology startup, providing a secured credit facility of as much as $100 million to Mexico’s Konfio Ltd.
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