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Compliance

Investors have shied away from bank stocks despite multiple stress tests showing the sector to be performing well amid the pandemic
The bank has put all the fees it generated from the PPP into the pandemic recovery fund
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
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