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The new comptroller has warned banks not to use the coronavirus pandemic as a cover for cutting services
On July 4, President Trump signed S. 4116 extending the deadline for applying for a loan under the Paycheck Protection Program (PPP) from June 30 to August 8, 2020
Senators are debating a further, more targeted version of the successful Paycheck Protection Program
Small and medium-sized banks have raised tens of millions of dollars through debt issuance while interest rates are low
The US Senate has passed a bill extending the Paycheck Protection Program until August 8
Governor Lael Brainard says paying shareholders will deplete reserves at a time of severe uncertainty
Banking industry regulators have moved to temporarily reduce the amount banks will have to pay to fund the oversight agencies
The former Bank of Canada and Bank of England governor has called for strong government action on climate change
Has warned that combining environmental, social and governance (ESG) factors into a single rating or score can result in “imprecise” investment analysis
Large credit unions are going outside of their remit to buy up smaller banks without sufficient scrutiny, the association has argued
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