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Banks Provide ‘Source of Strength’ to Economy: FDIC

Banks Provide ‘Source of Strength’ to Economy: FDIC

Total deposits in FDIC-insured banks increased by a record $1.2 billion between January and March, data shows
How Will Canada’s Banks Perform Through a Recession?

How Will Canada’s Banks Perform Through a Recession?

KBRA expects conservative risk management and diversified business models to help Canadian banks through the expected recession
The Banking Apps Leading the Digital Race

The Banking Apps Leading the Digital Race

As the pandemic’s impact has reshaped how customers interact with their banks, a JD Power survey sheds light on the best performers
First Bank Turns to Gamification to Aid Financial Literacy

First Bank Turns to Gamification to Aid Financial Literacy

First Bank has teamed up with HT Mobile Apps to offer two smartphone apps aimed at improving the financial literacy of its customers
AI to Transform Global Banking, Execs Say

AI to Transform Global Banking, Execs Say

Three quarters of banking executives believe adoption of new technologies will differentiate between the industry’s winners and losers
Which Banks Have Loaned the Most Through PPP?

Which Banks Have Loaned the Most Through PPP?

$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
The New Jersey Community Bank Flying High in PPP Ranking

The New Jersey Community Bank Flying High in PPP Ranking

Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust
Pinnacle-Virginia Bank Merger Terms Revised after Pandemic Impact

Pinnacle-Virginia Bank Merger Terms Revised after Pandemic Impact

The merger was delayed due to the impact of COVID-19, but is now expected to complete this year
Borrowers Granted More Flexibility Over PPP Forgiveness

Borrowers Granted More Flexibility Over PPP Forgiveness

Policymakers have agreed to give companies using the PPP more flexibility reflecting the continued economic challenges of COVID-19
California Banks Complete Deal After Shareholder Delay

California Banks Complete Deal After Shareholder Delay

Southern California Bancorp’s acquisition of CalWest Bank was postponed after shareholders initially rejected the proposal
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