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Instead of injecting cash into Commonwealth National Bank, Regions Bank is taking a more targeted approach: providing funding for the community development financial institution to hire a commercial banker.
May 18
Regions Financial Corp. -
Year to date Dec. 31, 2020. Dollars in thousands (Dec. 31, 2020)
May 17 -
On Dec. 31, 2020. Dollars in thousands.
May 17 -
On Dec. 31, 2020. Dollars in thousands.
May 17 -
Michael Butler relied on partnerships with tech startups in areas such as checking and mobile banking to turn Radius into a digital-only bank before its sale to LendingClub. As the new CEO of Grasshopper Bank, he plans to strike similar deals to expand beyond business lending.
May 14
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Some worry the Senate’s rejection of the OCC rule hampers efforts to clarify legal standards for banks selling loans to fintechs.
May 12
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Three Republicans joined Senate Democrats in voting to overturn a rule issued by the Office of the Comptroller of the Currency that makes it easier for national banks to sell loans to nonbanks. A companion resolution has been introduced in the House.
May 11
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On Dec. 31, 2020. Dollars in thousands.
May 10 -
On Dec. 31, 2020. Dollars in thousands.
May 10 -
On Dec. 31, 2020. Dollars in thousands.
May 10
