Bankruptcy Blogs

PNC Financial expands, diversifies executive leadership team

07/07/20

Less than three weeks after making a $1.05 billion pledge to fight racism, the Pittsburgh company promoted two Black bankers to its top-level management committee.

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How fintech mentorships have adapted during the pandemic

07/07/20

The days of meeting with mentors and pitching investors in person are at least temporarily over, but fintech incubators, accelerators and boot camps are finding creative ways to replicate these valuable experiences online.

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Fed's Quarles urges nations to strengthen bank resolution plans

07/07/20

Randal Quarles, who is also chairman of the Financial Stability Board, said FSB members must do more to prepare for bank failures.

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CFPB makes it official, rescinds Cordray-era limits on payday lenders

07/07/20

The agency delivered long-anticipated regulatory relief to the small-dollar loan industry by eliminating ability-to-repay requirements imposed under the bureau’s former director.

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Financial services industry struggles to emerge from lockdown

07/07/20

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.

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RBC aims for 30% minority executives, sets targets for new hires

07/07/20

Royal Bank of Canada says it is raising internal targets for the number of racial minorities in executive roles to improve diversity in its leadership ranks.

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Black communities need more help from Fed

07/07/20

The Main Street Lending Program and other Federal Reserve loan facilities should be tailored to the needs of Black-owned banks and businesses.

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MidWestOne in Iowa hires outsider as next president

07/07/20

Len Devaisher once served as a regional executive for Old National Bancorp.

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SBA discloses PPP loan recipients; bank drive-throughs make a comeback

07/07/20

Restaurants, medical offices and car dealerships were the top recipients of large loans; increased usage of the drive-ups is putting a strain on the low-tech lanes.

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Leaders preview: From now to next

07/06/20

A sneak peek at a podcast launching on American Banker in our Leaders forum. Michal Katz, head of investment and corporate banking in the Americas at Mizuho, discusses leadership with Gemma Postlethwaite, the CEO of American Banker's parent company, Arizent.

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