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The proposed Agility Bank would rely heavily on digital offerings. It is pursing a national charter with the Office of the Comptroller of the Currency.April 3
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Requiring banks to test themselves is likely to be a waste of time in the current crisis, says a former Senate Banking counsel.April 3
Staff directorCorporations and society initiative at Stanford Graduate School of Business
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The agencies will give the industry another month to submit feedback on the so-called covered fund portion of the rule "in light of potential disruptions resulting from the coronavirus.”April 2
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The change — effective immediately — will reduce capital demands by about 2% overall, the Fed estimated, and will be open for a 45-day comment period.April 2
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The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.March 30
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An uptick in closings is likely, but how many institutions go under and how fast will depend on a variety of factors, including the duration of the pandemic.March 26
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A former market president for State Bank Financial would serve as CEO of the proposed Classic City Bank.March 26
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The central bank will prioritize monitoring and outreach while reducing examination activity due to the coronavirus pandemic until at least the end of April.March 24
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Organizers of Coastal Community Bank must raise $19.5 million before opening.March 20
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Triad Business Bank, which will immediately have offices in three cities, will debut next week.March 13
