Here's the bull case for banks, even in a 'grim' and 'unprecedented' time

Here's the bull case for banks, even in a 'grim' and 'unprecedented' time

It's fair to note that 'the quality of the banks' overall loan books won't be known until the recession has run its course'. Email icon; Facebook icon
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Wells Fargo, JPMorgan Among Banks Sued Over SBA Virus Loans

(Bloomberg) — Wells Fargo & Co., Bank of America Corp., JPMorgan Chase … JPMorgan's business banking unit, which serves smaller businesses,
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HSBC revamps Global Banking & Markets management

GBM operating chief Andre Cronje will leave as part of the restructuring. Also Global Banking and Commercial Banking units will combine support
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Citigroup joins banking peers in backing away from Arctic oil investment in Alaska

Citigroup Inc. is the latest major bank to say it will not invest in oil and gas projects in the Arctic, where the heart of Alaska's oil industry operates.
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ABA, Trades Urge International Tax Administration Relief

The American Bankers Association, the International Banking Federation and other trade organizations wrote to the Organization for Economic
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Package With Petrol and Bullet Found in Italian Bank Branch

The main trade union for banking staff, FABI, linked the incident to tensions between customers and bank workers over requests for loans guaranteed
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Banking trio announce uneven Q1 results

The unaudited consolidated net profit of three commercial banks — Siam Commercial Bank (SCB), TMB Bank and Tisco Financial Group — were mixed
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Truist reports 31.6% profit, weighs COVID-19 impact

(FDIC) approved BB&T's $28 billion acquisition of SunTrust in November, allowing the two banks to form Truist, the country's sixth-largest bank. The
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Americans Purchase $1200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments

Reports note that banks like Capital One, US Bank, JPMorgan Chase, Bank of America, PNC, and even Paypal customers have been dealing with
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FSB consults on cyber attack 'response and recovery'

The 2nd Central Banking FinTech & RegTech Global Summit is the only event dedicated exclusively to the needs of the official sector and…focused
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Fitch Takes Rating Action on Andorran Banks on Coronavirus Risks

Andorran banks generate a high portion of their revenue from private banking activities, and declines in assets under management (AuM) as a result of
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If you don't do digital banking already, here's what you can do

Many don't use online banking due to security concerns. But there are ways you can work around it. There are payments and small finance banks that
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Tech Talk: Safe Banking

Tech Talk: Safe Banking. Brittany Cretchain 5 hours ago. Less than a minute. STUDIO 15 – – In this week's Tech Talk, Chris Rader with Rader
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Banks prioritize technology to deliver during coronavirus crisis

The following is a contributed article from Octavio Marquez, senior vice president and managing director, Banking Americas, at Diebold Nixdorf.
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Bankers Observe Teach Children to Save Day with Online Lessons

Since 1997, ABA's financial education initiatives have reached 11.1 million young people with the help of more than 350,000 banker presentations. “
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Businesses Say Big Banks Flouted 'First Come First Served' for Aid

Customers of Bank of America, JPMorgan Chase and Wells Fargo have sued the banks in federal court, saying data provided by the Small Business
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TD Bank among institutions criticized for poor response to emergency loan requests

But Lewis said he wasn't prepared for near-total silence from the bank in his efforts to take part in the forgivable-loan program for small businesses,
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Amid bipartisan criticism, Treasury Dept. attorneys review bank seizures of $1200 stimulus checks

Several of the largest banks, such as Bank of America and Wells Fargo, have said they will not collect these payments regardless of the Treasury
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