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Albany-area quarterly bank data showing how many loans remain in deferral can tell us a lot about what industries are still hurting because of the pandemic......»»

Lenders provided billions of dollars in residential mortgage loans in the Cleveland area last year, with Ohio-based companies beating out larger national banks in providing the most mortgage loans. Huntington National Bank (Nasdaq: HBAN) origina.....»»

A bank based in Berks County with just $18 billion in assets churned out more PPP loans than Chase, Wells Fargo or Bank of America......»»

After her financial circumstances changed, Toi Cudworth delayed payments on some loans, and bought frozen chicken and veggies because they’re cheaper and they last longer......»»

Barclays benefited from a more positive economic outlook, strong investment bank performance and smaller reserves for bad loans as COVID-19 subsides. REUTERS/Simon Dawson Barclays' first-quarter profit .....»»

The West Palm Beach-based firm will gain about 200 sellers and 60,000 loans from the Dallas-based bank......»»

JPMorgan Chase & Co. reported first-quarter profit spiked nearly 400% after the bank released cash that had been set aside to cover bad loans......»»

Square Financial Services will offer business loans and deposit accounts, initially to Square Capital customers......»»

Europe's biggest bank reported lower profits in three of its four divisions in 2020, but its gains in Asia offset its losses in Europe. HSBC. Andre.....»»

The bank closed out a 2020 with two mergers and the most PPP loans of any local bank......»»

Bank of America Corp. logged a record year in 2020 with its community development banking initiatives. The bank contributed $5.87 billion in loans, equity investments and other real estate support — about $1 billion more than the previous year......»»

The newest round of Paycheck Protection Program loans has begun and Huntington Bank expects to be a major player again......»»

The bank doors open Monday for the next round of borrowing under the Paycheck Protection Program, with borrowers from the first round eligible to go in for another round of low-interest loans that can be forgiven under certain circumstances. read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Citigroup said it has shifted 2,000 employees to help with Paycheck Protection Program loans for small businesses. The bank has submitted more than 27,500 applications to the federal Small Business... To view the full story, click the title link......»»

Emergency small-business loans have gone disproportionately to areas where borrowers had pre-existing banking relationships rather than areas hardest hit by the coronavirus pandemic, according to... To view the full story, click the title link......»»

HARRISBURG, Pa., May 6, 2020 /PRNewswire/ -- Centric Financial Corporation ("Centric" or "the Company") (OTC:CFCX), the parent company of Centric Bank ("the Bank"), today reported net income of $1,541,000, or $0.18 per common share-bas.....»»

Federal and state officials are examining the bank's lending practices under the Paycheck Protection Program......»»

Bank of America, Wells Fargo Bank and U.S. Bank report that the vast majority of their Paycheck Protection Program lending is going to small businesses in California and nationwide......»»

While the PPP's second earmarked some money for small lenders, the nation's biggest banks already have handled billions in loans for Texas businesses......»»