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Almost 350,000 loans made to small businesses in 2020 during the COVID-19 pandemic haven’t been forgiven, according to a Bloomberg News analysis of Paycheck Protection Program data, and most of them are for less than $25,000.
February 17
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The agreement to acquire Vantage Financial in Minnesota comes less than a year after Peoples Bank purchased North Star Leasing in Vermont.
February 17 -
On Sep. 30, 2021. Dollars in thousands.
February 14 -
On Sep. 30, 2021. Dollars in thousands.
February 14 -
Banks and companies that use artificial intelligence to make loans agree with regulators that it should be tested for fairness. But they also say traditional loans could be just as biased.
February 14
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DoorDash, the U.S.’s biggest meal-delivery service, is launching a financing arm to offer business loans to restaurants on its app.
February 11
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The largest U.S. banks will be tested against a hypothetical massive surge in unemployment and a crash in commercial real estate in the Federal Reserve's annual stress tests, according to scenarios announced Thursday.
February 10
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Banks that rank high on a Fintech Similarity Score made the most government-backed small-business loans outside their local area, a study found.
February 8
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On Sep. 30, 2021. Dollars in thousands.
February 7 -
The world’s leading rater of green credentials is rewarding some of Wall Street’s biggest banks even though they continue to lend billions of dollars to fossil-fuel companies.
February 7
