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Financial Trends - Banking Exchange
Wells Fargo Backs Five Black-Owned Banks

Wells Fargo Backs Five Black-Owned Banks

The company has committed equity capital to 11 African-American Minority Depository Institutions to date
Business Lending Volume Is Low Even While Economists Are Optimistic and Consumer Spending Is High

Business Lending Volume Is Low Even While Economists Are Optimistic and Consumer Spending Is High

Federal Reserve data noted the lack of demand for small business loans even while noting that consumer demand is on the increase
Contactless Payments Catching On In America

Contactless Payments Catching On In America

Coronavirus worries have helped boost the case for contactless card payments
FDIC Seeks Views on Bank Advertising

FDIC Seeks Views on Bank Advertising

Public’s input sought on potential modernization of advertising and signage rules to better reflect how banks operate
ABA Pushes Back on Branch Closure Report

ABA Pushes Back on Branch Closure Report

Association responds to recent NPR report on the closure of bank branches
Story of the Week: Jamie Dimon’s Optimism Shared by Analysts

Story of the Week: Jamie Dimon’s Optimism Shared by Analysts

Last week Bank of America estimated that Americans have $3.5 trillion in their bank accounts they did not have one year ago
Consumers Driving Post-Pandemic Banking Revolution

Consumers Driving Post-Pandemic Banking Revolution

Many incumbent US banks are not structured for a new digital shift boosting opportunity for fintechs
April Acquisitions: Vystar CU, High Point, Pacific Western

April Acquisitions: Vystar CU, High Point, Pacific Western

The end of Q1 and start of Q2 has brought a flurry of activity in banking M&A
US Consumers ‘More Adventurous’ When Switching Banks

US Consumers ‘More Adventurous’ When Switching Banks

National and global banks prove popular as consumers reassess their banking partners post-pandemic, according to research
From the Bitcoin Pizza to Bitcoin Treasury – Why It Is Now Irresponsible for Public Companies NOT to Have a Crypto Allocation

From the Bitcoin Pizza to Bitcoin Treasury – Why It Is Now Irresponsible for Public Companies NOT to Have a Crypto Allocation

Bitcoin was first seen as an obscure digital currency born from the 2008 financial crisis. In 2021, it’s viewed as digital gold.
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