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The company's Silicon Valley Bank unit reduced its loan-loss cushion by $52 million. Private-equity and VC clients have warmed to the practice of doing deals virtually, which increases lending opportunities, SVB executives said.October 23
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The bank said the move will give it more flexibility for raising capital.October 23
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Highlands Banking would be based in a community near the state's borders with Georgia and South Carolina.October 22
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Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.October 19
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Organizers of Scottsdale Community Bank must raise $16 million. The goal is to hit that goal and open by early 2021.October 8
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The proposed Multi-Bank shares an address with the Fort Lauderdale, Fla., office of Multi-Bank Securities.October 7
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The proposed best practices would be modeled after federal servicing standards and be used to supervise nonbanks firms subject to state regimes.October 1
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The central bank issued a proposal aligning recent stress testing changes with supervisory standards that are tailored to an institution's size and complexity.September 30
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Investors in two subordinated bonds from Lehman Brothers received word that a payment is coming, just two weeks after the 12th anniversary of one of the world’s most spectacular banking collapses.September 30
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New Enterprise Bank would focus on venture capital and private equity firms that are involved in investment between China and the San Francisco area.September 24
