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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.....»»

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.....»»

The Justice Department says the air carrier falsified mail delivery data in contracts with the U.S. Postal Service......»»

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.....»»

Through the PPP, an allocated $4.89 million in forgivable loans were made, totaling more than $521 billion – and community banks made 28% of the loans, or $148 billion......»»

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

Shares of United Community Banks (NASDAQ:UCBI) decreased 2.08% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 11.48% year over year to $0.68, which beat the estimate of $0.60. Rev.....»»

GREENVILLE, S.C., Jan. 19, 2021 (GLOBE NEWSWIRE).....»»

SBA data released this month unveils new insights about the nearly 900 lenders that originated PPP loans for borrowers across Ohio, with many community banks punching well above their weight......»»

The United States has reached a settlement to recover more than $49 million involving Malaysian sovereign wealth fund 1MDB, the Department of Justice said......»»

The Justice Department has opened an investigation into companies that applied for loans under the Paycheck Protection Program, and businesses that provided misleading information could face jail sentences, experts say......»»

As the government issues a second round of aid for small business owners, some U.S. senators, community banking groups and minority-owned banks said they are worried businesses owned by people of color may miss out on receiving much-needed loans......»»

The SBA's Paycheck Protection Program exhausted its original $349 billion budget last week. The forgivable loan program is slated to receive a $310 billion funding extension......»»

GREENVILLE, S.C., April 21, 2020 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ:UCBI) ("United") today reported first quarter financial results, with solid year-over-year loan and deposit growth. United delivered n.....»»

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.....»»

JPMorgan is seeking to sell at a discount loans raised by the sovereign wealth funds of Saudi Arabia and the United Arab Emirates, according to two sources and a document, as banks brace for a borrowing spree in the Gulf due to low oil prices......»»

U.S. Treasury Secretary Steven Mnuchin said on Friday he expects all large U.S. banks to be participating in a newly launched, $350 billion small business coronavirus rescue loan program by next week, with community banks issuing most of the loans so far......»»

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.....»»

The Department of Justice is probing lawmakers for accusations that they dumped stocks based on privileged information about the novel coronavirus (COVID-19) outbreak, CNN read more.....»»

The United States has given banks a two-year break from provisions for loans soured by the coronavirus pandemic, seeking to keep credit flowing while borrowers struggle to stay afloat as economic activity grinds to a halt......»»