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Critics say the program, set up jointly by the Federal Reserve and Treasury Department, could allow large companies that take the federal help to reward shareholders and executives without saving any jobs......»»

The U.S. Treasury said it has paid out another $9.5 billion in funds to the aviation industry under a program designed to shore up carriers reeling from the coronavirus pandemic. Meanwhile,... To view the full story, click the title link......»»

The federal government’s $349 billion aid program for small businesses devastated by the coronavirus pandemic was advertised as first-come, first-served. As many business owners found out, it was a.....»»

Getty Images Less than two weeks after launch, all of the $349 billion allocated to small businesses in the CARES Act has been committed, meaning banks no longer have the backing of the US Treasury to provide forgiveable lo.....»»

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......»»

The government has promised to lend $349 billion to small businesses starting Friday, but banks and owners have no idea who it will play out......»»

The Treasury Dept will provide $10 billion in credit protection guarantees for the loans to banks and other financial institutions.....»»

REUTERS/Kevin Lamarque The Federal Reserve last year paid the US Treasury its smallest sum in a decade, doling out $54.9 billion.....»»

Wall Street banks and regional lenders could see an increase in the $250 billion they have to spend annually to meet U.S. requirements for doing business in lower-income communities as regulators... To view the full story, click the title link......»»

There are 748 small theater organizations in New York City that generated $1.3 billion in economic output and supported 8,400 jobs that paid $512 million in annual wages in 2017......»»

The proposed merger between Winston-Salem-based BB&T Corp. (NYSE: BBT) and SunTrust Banks Inc. (NYSE: STI), headquartered in Atlanta, took a giant leap forward Tuesday as regulators gave their approval for the two banks to form Truist Financial Cor.....»»

The top three banks in Europe, based on figures for 2017, have remained unchanged. British bank HSBC is still the top largest bank in Europe, with a balance sheet total of $2,470 billion. The UK h.....»»

The $1 trillion "repo market" allows banks and other financial institutions to borrow and lend from one another, usually overnight. The market sprung a leak last week......»»

The $1 trillion "repo market" allows banks and other financial institutions to borrow and lend from one another, usually overnight. The market sprung a leak last week......»»

The $1 trillion "repo market" allows banks and other financial institutions to borrow and lend from one another, usually overnight. The market sprung a leak last week......»»

The $1 trillion "repo market" allows banks and other financial institutions to borrow and lend from one another, usually overnight. The market sprung a leak last week......»»

The $1 trillion "repo market" allows banks and other financial institutions to borrow and lend from one another, usually overnight. The market sprung a leak last week......»»

The $1 trillion "repo market" allows banks and other financial institutions to borrow and lend from one another, usually overnight. The market sprung a leak last week......»»

Since 2014, Eur.....»»