Capital

Hyperion in Philadelphia looks to form holding company

10/23/20

The bank said the move will give it more flexibility for raising capital.

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Organizers look to open bank in western North Carolina

10/22/20

Highlands Banking would be based in a community near the state's borders with Georgia and South Carolina.

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Can CDFIs help their communities while keeping investors satisfied?

10/19/20

Southern Bancorp in Arkansas, which raised $35 million in capital from private investors, is out to prove that that community development financial institutions can deliver attractive returns and fulfill their missions to help the underserved.

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Arizona group receives conditional approval to open a de novo bank

10/08/20

Organizers of Scottsdale Community Bank must raise $16 million. The goal is to hit that goal and open by early 2021.

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Group with ties to Michigan brokerage firm applies to form a bank

10/07/20

The proposed Multi-Bank shares an address with the Fort Lauderdale, Fla., office of Multi-Bank Securities.

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State regulator group offers guidance for mortgage servicing oversight

10/01/20

The proposed best practices would be modeled after federal servicing standards and be used to supervise nonbanks firms subject to state regimes.

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Fed aims to give less complex banks relief in capital planning rule

09/30/20

The central bank issued a proposal aligning recent stress testing changes with supervisory standards that are tailored to an institution's size and complexity.

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Some Lehman Brothers creditors set for payday 12 years after collapse

09/30/20

Investors in two subordinated bonds from Lehman Brothers received word that a payment is coming, just two weeks after the 12th anniversary of one of the world’s most spectacular banking collapses.

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Organizers plan de novo bank in San Francisco area

09/24/20

New Enterprise Bank, which would focus on serving "innovative firms," plans to open next year.

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Fed offers details on additional bank stress test triggered by COVID-19

09/17/20

The agency has scheduled an extra assessment of institutions' strength to incorporate more recent economic data during the pandemic.

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