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In an effort stemming from the murder of George Floyd, a who's who of financial institutions on Tuesday promised to address the effects of racial disparities in financial services by investing billions of dollars to support Black and Latinx communities......»»

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.....»»

Some banks are drafting "letters of demand" to the firm requesting repayment before filing legal claims, according to the Financial Times. YouTube Archegos is preparing for insolvency as banks seek to recoup losses suffered during the meltdo.....»»

New York is poised to build one of the largest recreational marijuana markets in the country — on the order of billions of dollars a year — but one industry critical to that effort could struggle to get involved: banks and credit unions......»»

The Dow Jones Industrial Average rallied to record highs Monday despite selling pressure in financials and elsewhere after a large hedge fund was forced to unwind billions of dollars in positions......»»

U.S. equity markets were lower Monday as banks were left licking their wounds after a large hedge fund was forced to unwind billions of dollars in positions......»»

U.S. stock futures were lower Monday as banks were left licking their wounds after a large hedge fund was forced to unwind billions of dollars in positions......»»

U.S. stock futures edged lower Monday after a large investment fund unwound billions of dollars in holdings, triggering concerns that stocks in the portfolio and banks who dealt with the firm could face sharp losses......»»

Goldman, Bank Of America Made Hundreds Of Millions From Texas Blackouts Who needs Enron when you have taxpayer-backed "banks." Whereas 20 years ago, it was Enron that made billions from the California electricity c.....»»

Big banks could face an $11 billion tax increase under Biden's tax proposal, a reversal from the billions saved under Trump's 2017 tax cuts. U.S. .....»»

Banks have lent out billions of dollars to small businesses, helping them stay afloat during the shutdown. But some were pushed aside. That's where CDFIs come in......»»

Qatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said, as the state-owned airline readies to begin rebuilding its network that has been crushed by the coronavirus pandemic......»»

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......»»

With the Paycheck Protection Program on the verge of receiving another $310 billion in funding, the head of one of Austin's largest banks reflects on the first wave of funding and offers advice for the days ahead......»»

Ten of the world's largest banks, including JPMorgan Chase and Bank of America , have been sued for allegedly conspiring over nearly 14 years to rig prices in the $9.6 trillion U.S. corporate bond market, costing ordinary investors billions of dollars......»»

Bank of America Corp. followed two big rivals in setting aside billions of dollars for loans likely to sour amid an almost total U.S. economic shutdown. Profit plunged 45% as the company allocated... To view the full story, click the title link......»»

Wall Street banks are lending billions of dollars to desperate companies these days, like hotelier Marriott International and concert producer Live Nation Entertainment. Now, a host of those... To view the full story, click the title link......»»

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

Demand for Paycheck Protection Program loans is exceptionally high in the Kansas City area......»»

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?.....»»