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“Banks Do Not Commit Misconduct, Bankers Do”

The Department of Jus.....»»

Category: blogSource: senseoncentsApr 27th, 2018

Plunge In Bankers" Business Travel Unlikely To Improve, Despite COVID Re-Opening

Plunge In Bankers' Business Travel Unlikely To Improve, Despite COVID Re-Opening In the aftermath of Covid-19, business travel for bankers is still expected to plunge. It's great news for banks, wh.....»»

Category: dealsSource: nytMay 3rd, 2021

The pandemic has changed banking trends — local bankers weigh in on what they"re seeing

Consumer behavior was already shifting before the pandemic, but Covid-19 had a way of accelerating what was, and now, what will be for local banks......»»

Category: topSource: bizjournalsApr 20th, 2021

: Big investors ask banks to get serious on climate change

Bankers’ pay should include an element indexed on attaining the net-zero emissions targets, said the major global investors......»»

Category: topSource: marketwatchApr 19th, 2021

Law Firms And Banks Are Showering Employees With Gifts To Try And Avoid A "Retention Crisis"

Law Firms And Banks Are Showering Employees With Gifts To Try And Avoid A "Retention Crisis" While the junior bankers at Goldman Sachs who spoke out about long hours worked during the SPA.....»»

Category: smallbizSource: nytApr 10th, 2021

Hawaii banks cross $1B threshold in PPP loans for 2021

Through March 10 of this year loans, the Hawaii Bankers Association had received over 15,500 Paycheck Protection Program applications, with over 10,500 of them successfully submitted to the Small Business Administration.....»»

Category: topSource: bizjournalsMar 26th, 2021

All Hail The Conquering Central Bankers... Or Else

All Hail The Conquering Central Bankers... Or Else Authored by Tom Luongo via Gold, Goats, 'n Guns blog, If you are unclear what’s happening, frankly, you aren’t paying attention. The central banks, at the urging of the World Economic Forum.....»»

Category: dealsSource: nytFeb 6th, 2021

Community banks were ready for PPP round two

Community bankers say they're more prepared for the second round of PPP loans than they were when the applications initially opened in April......»»

Category: topSource: bizjournalsJan 26th, 2021

The new Maryland Bankers Association CEO has big shoes to fill. Here"s what he wants to accomplish

Ramon Looby wants to highlight the efforts of banks during the pandemic, increase membership and mobilize the industry around social justice......»»

Category: topSource: bizjournalsJan 22nd, 2021

PPP reality for banks: Grueling hours, not much profit

For banks participating in the U.S. Small Business Administration's Payroll Protection Program, the hours are long and the technological investments to process loans are costly, but the payoff is paltry, bankers say......»»

Category: topSource: bizjournalsMay 3rd, 2020

As Mortality Rate Spikes, Bankers In UK Won"t Return To "The City" Any Time Soon

As Mortality Rate Spikes, Bankers In UK Won't Return To 'The City' Any Time Soon From the very beginning, Wall Street banks were reluctant to let their most-cr.....»»

Category: blogSource: zerohedgeApr 30th, 2020

PPP reality for banks: Grueling hours, not much profit. So why do it?

For banks participating in the U.S. Small Business Administration's Payroll Protection Program, the hours are long and the technological investments to process loans are costly, but the payoff is paltry, bankers say......»»

Category: topSource: bizjournalsApr 29th, 2020

U.S. banks battle technology issues in race for $310 billion in new small-business aid

U.S. bankers racing to grab $310 billion in fresh small-business aid worked through the night on Tuesday, with many battling ongoing technology problems created by 11th hour changes to the first-come-first-served program, multiple bankers said......»»

Category: topSource: reutersApr 28th, 2020

SBA system moves at "snail"s pace" as local banks submit second round of PPP applications

Local bankers describe the tumultuous process of submitting PPP applications to the SBA as the system reopens......»»

Category: topSource: bizjournalsApr 28th, 2020

Banks and small businesses brace for mad dash as loan program rolls out

The House voted Thursday to pour an additional $370 billion into the Paycheck Protection Program, setting off a frenzy among small businesses and bankers to secure loans before the money runs out — again......»»

Category: topSource: washpostApr 25th, 2020

Small businesses, banks brace for mad dash as $310 billion loan program rolls out

The House voted Thursday to pour an additional $370 billion into the Paycheck Protection Program, setting off a mad dash among thousands of small businesses and bankers to secure loans before the money runs out — again......»»

Category: topSource: washpostApr 24th, 2020

PPP postmortem: What worked, what needs to change, according to Austin bankers

The SBA's $349 billion Paycheck Protection Program ran out of money in a little more than two weeks. Read about how local banks handled the chaotic rollout and what they want to see done differently if Congress approves more funding......»»

Category: topSource: bizjournalsApr 17th, 2020

Ohio banks to Congress: Fund more PPP loans

With hundreds of billions in funding drying up in days, Ohio's bankers are urging Congress to speed along more money......»»

Category: topSource: bizjournalsApr 16th, 2020

The PPP"s next issue: How do banks actually disburse the funds?

The SBA made a sample document available on April 8, but it did not include any language related to forgiveness — one of the biggest questions among bankers......»»

Category: topSource: bizjournalsApr 13th, 2020

Financial lifeline: Banks, credit unions tackle influx of demand while transforming the way they work

San Antonio bankers face an unprecedented situation. Can they rescue the businesses drowning in the fallout of the coronavirus while keeping their own crews safe?.....»»

Category: topSource: bizjournalsApr 9th, 2020

Bankers Are Sitting on a Vast Mountain of Risky Trades

Everybody’s worried about bad loans, but what about the hundreds of billions of dollars of Level 2 and Level 3 assets held by the biggest banks?.....»»

Category: topSource: washpostApr 3rd, 2020