The legislation would also let borrowers show a 25% year-over-year revenue downturn over any 90 consecutive days, not just quarter to quarter.
| The CEO's comments come a day after the bank revealed a strategy to counteract the potential burnout of junior staff. It has hired 65 analysts and 22 associates — and plans to add 100 more employees.
| The transaction, set to close in the fourth quarter, would create a bank with about $63 billion in assets. The CEOs of both banks will serve two-year alternating terms in the new entity's top roles.
| Now is the time to reimagine and redesign an effective operating model for the small business segment.
| Rep. Ed Perlmutter, D-CO, has introduced the bill every Congress since 2013. It passed in the House in 2019, only to stall in the then-Republican-controlled Senate, where the bill heads now.
| The biggest U.S. bank agreed to underwrite up to $4.8 billion in the endeavor. Backlash has been harsh in the U.K., where the lender plans to launch a digital platform. The bank's corporate sustainability rating has even taken a hit. | Recommended For You Improve your recommendations: click here to update your profile. Deep Dive Bank Policy Institute's chief examines the impact and drawbacks of various models of digital coin as the Fed and other countries forge ahead.
| Deep Dive Regulatory, legislative and court confrontations over the card networks' fees are ratcheting up pressure again for reform of the behemoths' practices. | Featured Resources FROM: Quantum Metric | Improve Digital Self-Service & Reduce Call Center Costs | | From Our Library Webinar - on demand Attest |
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